Earlier quoted context omitted.
I doubt that they are commercializing anything. I see on their site now that they are building a plant that is expected to produce 5 (five) tons of magnets per year (compared to 1500 t/year for the plant discussed in the article or with 25000 t/year for the biggest of the around 300 Chinese plants). Such a small-scale production might be enough only to make samples to distribute to potential customers, to convince th…
Doesn't this shoot them in the foot? Once they get it working they have less time left on the patent.
Advanced Magnet Manufacturing Begins in the United States
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Re: Advanced Magnet Manufacturing Begins in the United States
#42It is an attractive industry, but sometimes can be repulsive.
Re: Advanced Magnet Manufacturing Begins in the United States
#43Perhaps it was a bad idea to let it stop happening in the US[1] in the first place? I have acquaintances who told me about this more than a decade ago. We thought it was stupid to let the production lines go then... and obviously, we were right. [1] https://www.counterpunch.org/2006/04/07/the-saga-of-magneque...
Its easy to throw around words like “stupid” on the internet, especially with hindsight, but how could it have been anything but a complex decision estimating values for many variables? Would they have been able to hit a competitive price while maintaining environmental regs and paying a domestic workforce, would china end up the only other supplier in the world? Can government subsidies be counted on to last multipl…
Keeping the retail prices the same whilst more-than-decimating the manufacturing cost? How could it not be obvious that anyone and everyone would follow once there was a proof of concept.
When capitalism is measured on incredibly short term performance, with no consideration of long term sustainability or national interest or maintenance of national skills and capabilities. This has been going on since well before the world wide web became accessible to most Western households.
Nike started doing it in the 70s and they weren't the first.
I've long been confused* to why there was no legislation to prevent "local" companies from giving away the keys to their kingdoms to foreign countries.
*Not really, politicians are just as short-term motivated as business owners.
It made sense. But the chickens are now coming home to roost, and they're shitting all over the place and the unprecedented profits have been spent on fancy plastic toys (that are now mostly landfill) instead of any kind of preparation for the inevitable tsunami of chicken shit.
Re: Advanced Magnet Manufacturing Begins in the United States
#44We're not looking for autarky, we're looking for strategic assurances and avoidance of dependency with adversarial consequences. It annoys me economic arguments delayed work to expand Australian rare earth sources, it would have been good not to get caught behind "cheaper is best" decision logic. The same logic shut down our microelectronics industry, local manufacturing, strategic policy in oil reserves and refining…
It's happening but slowly. Lynas Rare Earths who are the largest miner and processor outside of China are in the initial stages of building a plant in Texas (which includes funding from the DoD). They currently have plants in Kalgoorlie and Malaysia, but not end-to-end making magnets. Iluka have also secured the additional funding required for a processing plant in Australia and have deals with other miners for feed…
"Less down" seems to be my preferred position.
Re: Advanced Magnet Manufacturing Begins in the United States
#45This article just kind of assumes the reader should prefer US firms succeed in making these magnets over Chinese firms. I'm not sure why I should prefer that if China do it cheaper and better. Some nationalistic readers or those concerned about US national security and supply chains might care. Or maybe the US should just maintain better trade relations, and vote to do so.
30 years ago the opposite was celebrated as the saviour of American capitalism (by short term thinking people who are probably billionaires now, and therefore, as individuals, insulated against any of the '30 years later' repercussions).
The US is going to need to naturalise all of its illegal immigrants to have a chance at ramping up local manufacturing.
Re: Advanced Magnet Manufacturing Begins in the United States
#46Time and time again we see the US moving production of some key product or material overseas only to regret that decision a number of years later. It happens over and over again. Market forces are great, but should be ignored in key sectors that are important for national security. That goes for rare earth minerals or shipbuilding or key supplies for munitions or PPE that we needed during the pandemic, (etc.)
- USPS - literally written into the Constitution
- Passenger rail - Amtrak keeps pudding along even though financially it doesn’t make sense.
- Merchant marines - cargo is cheap. And cheaper in flag countries with lax labor rules. Yet, we maintain a expensive flotilla.
Re: Advanced Magnet Manufacturing Begins in the United States
#47Wait, those strong neodymium magnets are only produced in China?!
Neodymium magnets are fascinating: they have enabled much smaller and more efficient elevator engines, used as undulators in synchroton x-ray sources, and many other places.
Re: Advanced Magnet Manufacturing Begins in the United States
#48Re: Advanced Magnet Manufacturing Begins in the United States
#49Re: Advanced Magnet Manufacturing Begins in the United States
#50More interesting to me is Niron Magnetics, mentioned in the article, which is commercializing magnets based on a particular phase of iron nitride. https://www.nironmagnetics.com/
I doubt that they are commercializing anything. I see on their site now that they are building a plant that is expected to produce 5 (five) tons of magnets per year (compared to 1500 t/year for the plant discussed in the article or with 25000 t/year for the biggest of the around 300 Chinese plants). Such a small-scale production might be enough only to make samples to distribute to potential customers, to convince th…