Bengaluru, May 14 -- The shares of the prominent automotive fastener manufacturers gained up to 9 percent after the company forayed into Rare Earth Magnet-Free traction motors for electric vehicles.

U.S. automakers are facing an unexpected and surprisingly critical shortage: magnets. Specifically, rare earth magnets. These tiny but powerful components are indispensable, powering everything from ...

Energy Fuels Inc. (NYSE:UUUU) shares surged after the company announced a memorandum of understanding with Vulcan Elements to build a U.S.-based supply chain for rare-earth magnets. Under the deal, ...

Nov 8 (Reuters) - General Motors (GM.N), opens new tab and Stellantis (STLAM.MI), opens new tab said on Wednesday they will invest in startup Niron Magnetics, part of a plan to develop ...