Tag: Rare-earth-metals

  • Worlds First Rare Earth Free Automotive DCT Motor developed by LG Innotek

    Worlds First Rare Earth Free Automotive DCT Motor developed by LG Innotek

    LG Innotek has developed world’s first rare earth free automotive dual- clutch transmission (DCT) motor. The motor marks an important breakthrough since it will ease concerns among automakers about their reliance on uncertain rare earth supplies. Rare earth elements are usually used in materials for automotive motors, but they are difficult to source and are…

  • Honda to recycle expensive rare earth metals from used car parts

    Honda to recycle expensive rare earth metals from used car parts

    Honda and the Japan Metals & Chemicals Co, today jointly announced the establishment of the world’s first mass-production process to extract rare earth metals from used car parts and recycle the expensive materials mainly controlled by China. China produces about 95% of global rare earth supplies and has ratcheted up export controls, sending prices soaring.…