Mkango and Metalysis partner to develop 3D-printed rare earth magnets for EVs
Mkango and Metalysis partner to develop 3D-printed rare earth magnets for EVs 20 March 2017 Canada-based Mkango Resources has entered into a Memorandum Of Understanding (MOU) with UK-based Metalysis jointly to research, develop and commercialize novel rare earth metal alloys for use in three-dimensional (3D) printed permanent magnets. The MOU will combine Mkango’s knowledge about the performance characteristics and future global demand outlook for rare earth magnets with Metalysis’ disruptive, solid-state process, which can generate high margins from the manufacture of metal powders for markets including 3D printing. The parties envisage a comprehensive R&D program, culminating in the joint pursuit of commercial opportunities. One such opportunity includes evaluating the United Kingdom as a future host country for a manufacturing plant to exploit a commercialized technolog...