According to the results, the business reported a pre-tax loss of £54.5m for 2023, after also losing £68.9m in 2022. The latest pre-tax loss means Magnet has racked up a pre-tax loss of more ...

Noveon Magnetics Inc., a San Marcos-based recycler and maker of rare earth magnets, has landed a deal to deliver 1,000 tons of magnets to Nidec Motor Corp. over the next five years. Calling the ...

Bloomberg The first step was completed on Thursday when Hastings transferred the vast majority of its shareholding in magnet-maker Neo Performance Materials to Wyloo. The transfer means Wyloo owns ...

Kitchen maker Magnet is hoping expanding into the premium market will help it return to profit after falling to another huge loss.