Minnesota-based Niron Magnetics has opened a commercial pilot plant in Minneapolis.
This plant will develop Niron’s “Clean Earth Magnets” that are developed from iron and nitrogen. The company says the magnets have the potential to be used in electric vehicles, wind turbines, audio products, and defense and weaponry.
Niron officials say the company’s magnets are produced in the U.S. through a process that is both the first and only one of its kind in the world. They’re an alternative to the vast majority of magnets that are manufactured in China from rare-earth materials that can require invasive new mining projects…