Niron Magnetics and ASPINA to Develop Rare-Earth-Free Motor Solutions Across Global End Markets

Niron Magnetics, the leader in rare-earth-free Iron Nitride permanent magnets, and ASPINA, a global manufacturer of precision motors, actuators and system solutions, have entered a supply agreement to support rare-earth-free motor solutions across a range of applications, including automotive, industrial, consumer and emerging space technologies. Niron’s Iron Nitride permanent magnet technology will support ASPINA’s efforts to meet growing global demand while reducing dependence on rare earth minerals.