NIRON MAGNETICS APPLAUDS HISTORIC CONGRESSIONAL LEGISLATION RECOGNIZING RARE-EARTH-FREE PERMANENT MAGNETS

Bipartisan legislation establishes first comprehensive U.S. policy framework supporting both rare earth and rare-earth-free permanent magnet technologies MINNEAPOLIS – June 10 – Niron Magnetics, the leader in rare-earth-free Iron Nitride permanent magnets, today applauded the introduction of landmark congressional legislation that would establish a federal framework to incentivize the domestic production and use of permanent magnets across America’s defense, energy, and manufacturing sectors. The Magnets Value Chain Support Act…