Niron Magnetics secures $17.5M ARPA-E SCALEUP grant to boost production of FeN magnets
Green Car Congress
NOVEMBER 23, 2022
million grant as part of its Seeding Critical Advances for Leading Energy technologies with Untapped Potential (SCALEUP) program. However, rare earth extraction can be environmentally destructive and the supply concentration poses geopolitical and sourcing risk, as 92% of rare earth magnet production is in China. Earlier post.).
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