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Honda Invests in US Maker of Rare-Earth-Free Magnets

Niron Magnetics, which recently celebrated the start of construction of a manufacturing plant in Sartell, Minnesota, confirmed the automaker’s investment.

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Niron Magnetics, a US company working to commercialize the world's first rare-earth-free iron nitride permanent magnets, has announced that it has received investment from Honda.

·Japan
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レスポンス(Response.jp) broke the news in Japan on Monday, September 14, 2026.
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