Noveon Magnetics, Kangwon Energy Co., Ltd., and LG Electronics Co., Ltd. today announced a strategic agreement to advance ...

Noveon will collaborate with Kangwon Energy and LG Electronics to advance closed-loop recycling of rare earth permanent ...

The magnet minimizes the risk of vehicle production interruption by a shortage of heavy ra re-earth metals. It also lightens a vehicle's weight by reducing the size and increasing the output of motors ...

SEOUL, South Korea, Nov. 5, 2024 /PRNewswire/ -- LG Innotek (CEO, Moon Hyuksoo) announced on November 5, 2024, that it has developed a 'high-performance eco-friendly magnet' with the world's strongest ...

LG Innotek, said, Wednesday, it has successfully developed a high-performance, eco-friendly magnet that does not use heavy rare earth elements, making it the first company in the industry to achieve ...

LG Innotek developed high-efficiency, eco-friendly magnets for use in vehicles and smart devices, aiming to advance into a market dominated by Chinese and Japanese manufacturers, the electronic ...

LG wants to make mounting your TV just as easy as sticking a magnet onto your refrigerator. At an event earlier this week, the South Korean electronics giant showcased an incredibly thin 55-inch ...

Reduced dependence on certain countries for key raw materials, contributing to stabilizing the magnet supply chain Significant reduction in environmental pollutants, marking a win for ESG-focused ...