Manufacturers explore their options amid higher rare earths prices

Mar 31, 2012 | 07:00 PM | Myra Pinkham

Tags  rare earths, rare earths prices, dymium-iron-boron magnets, Steve Constantinides, Arnold Magnetic Technologies, Myra Pinkham

High prices have prompted manufacturers to try to design around the use of rare earths whenever their unique properties aren’t absolutely needed or, if possible, to use more of the less-volatile, less-costly “light” rare earth elements in their products.

“Manufacturers need to be more confident about the price or they will turn to alternative materials if possible,” said Steve Constantinides, director of technology at Rochester, N.Y.-based Arnold Magnetic Technologies Corp., a producer of rare earth permanent magnets.....

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