Permanent magnet shaft generator solutions to a series of two 12,000 dwt RORO vessels - See more at: http://www.motorship.com/news101/engines-and-propulsion/we-tech-expands-into-oz#sthash.hmDt5sNZ.dpuf
24th International Workshop on Rare-Earth and Future Permanent Magnets and Their Applications (REPM 16), 28 August to 1 September 2016 – Darmstadt, Germany.
The conference will be chaired by Prof. Oliver Gutfleisch, Technical University of Darmstadt and Fraunhofer IWKS, and Dr. Matthias Katter, Vacuumschmelze GmbH.
The workshop has a long history, ever since Karl J. Strnat initiated the series of meetings almost 40 years ago. The aims of the workshop are to bring together scientists and engineers working on rare-earth permanent magnets and their applications and to facilitate exchange of recent results and ideas on topics such as raw materials, resources, and processing and properties of rare-earth and future permanent magnets.
Tesla Motors (TSLA)’s Ludicrous Speed Legend Crushed by Croatian Production EV (with 4 permanent magnet electric motors !)
By Paul Ausick June 26, 2015 1:05 pm EDT
When Molycorp (MCPIQ) held its initial public offering in July of 2010, the company priced the shares at $13.25, below the IPO range of $15 to $17 that the company had hoped for. The stock rose to an all-time high of around $77 a share by April of 2011, before collapsing to just over a dime on the OTC Pink market Friday morning, following the stock’s delisting from the New York Stock Exchange.
The company’s Mountain Pass mine in California was touted as the answer to global dependence on China’s rare earth metals mining industry. In an attempt to clean up the country’s illegal rare earth mining operations (and to keep global prices high in the face of the threat from Molycorp), China imposed export restrictions on certain rare earth metals. Then the unexpected happened.
Major users of rare earth metals began to explore for substitutes for the expensive minerals — and users found them. Add to that the lifting of China’s export restrictions, and it was just a matter of time before new rare earth mining companies like Molycorp folded.
The company’s European and Asian operations are not affected by the bankruptcy filing, and all of Molycorp’s U.S. operations will continue running under debtor-in-possession financing while the company negotiates with its creditors. The financing package totals $225 million and the total debt being negotiated is $1.7 billion. Molycorp said that it had executed a restructuring support agreement with creditors holding more than 70% of the principal on its 10% senior secured notes.
China’s decision to scrap export quotas and taxes on rare earth elements may boost stalled demand for the products, according to Lynas Corp.
Users have been drawing down on stockpiles while awaiting clarity over China’s policy on the export of the elements, Amanda Lacaze, Chief Executive Officer of Malaysia-based Lynas, said in an interview. Rare earths are used in everything from cruise missiles to iPads.
“In the short term, a lot of what has been damping demand will be released,” Lacaze said today by phone. “Some customers have been living off inventories and they’ll come back and start placing orders.”
Lynas, one of two major producers outside China, rose as much as 30 percent in Sydney after Molycorp Inc., the largest U.S. producer, jumped 9.4 percent Thursday in New York.
China, which produces about 85 percent of global supply, will remove export tariffs on rare earths from May and in January abandoned its 15-year export quotas after the World Trade Organization ruled the policyviolated trade rules.
“If China is committed to eliminating illegal processing and establishing a tax that’s simple to administer then prices will go up, and that will assist companies like Lynas and Molycorp,” said Dudley Kingsnorth, Perth-based executive director at Industrial Minerals Company of Australia Pty. “However, we are not going to see an instant response.”
Jan. 30, 2015 6:24 PM ET | 28 comments | About: Molycorp, Inc. (MCP)
Disclosure: The author is short MCP. (More...)
Is Delisting Imminent?In my opinion, a delisting of the stock appears imminent. DA Davidsonrecently downgrated MCP from Buy to Neutral due to lingering production issues at the company's Mountain Pass facility. At bottleneck related to the facility's Leach system has kept the company from operating at full capacity. With cash burn and operating losses not expected to abate any time soon, I do not see any near term catalysts that would drive the stock above $1 for an extended period. Therefore, I believe a delisting is imminent.
ConclusionI believe an NYSE delisting is imminent for MCP. Such an event would cause investors to lose interest in MCP and it would be disastrous for the stock. Investors should avoid MCP.
See the fellowing plots for Molycorp's stock price and rare earth prices. (Data obtained from Google Finance and Metal-pages.)
China ends “export quota” system and counters with a “strict export license” to limit the world’s supply of rare earths, tungsten and molybdenum
On December 31, 2014 China’s Ministry of Commerce (MOFCOM) and the General Administration of Customs (GAC) jointly issued the following two announcements, effective January 1, 2015: “Catalogue of Commodities subject to Export License Administration in 2015 (Announcement  No.94)” and “License-Issuing Catalogue in Grades of Export License Administration in 2015 (Announcement  No.97)”. These announcements articulate how China has officially cancelled their policy on export quotas for rare earths, tungsten and molybdenum after losing their World Trade Organization appeal in August 2014.
“48 varieties of goods subject to the administration of export license in 2015 shall be subject to the administration of export quota license, export quota bidding and export license, respectively.
Goods subject to the administration of export license shall include: rare earths, tungsten and molybdenum; Enterprises that export rare earths, tungsten and molybdenum, should apply for an export license on the strength of the export contracts of the enterprises, no need the approval documents of the Ministry of Commerce;” the MOFCOM said in its announcements. (read more)
IN DEPTH: Generating debate: For the biggest turbines now up and running — PMGs are clearly in the ascendancy
By Darius Snieckus
Thursday, November 27 2014
Deliberations over the best drivetrain architecture for supersize offshore wind turbines are moving on — to generators.
Generators are where wind energy — captured by the blades, coiled through the drivetrain — becomes power. Here, the double-fed induction generators (DFIGs) that have been fundamental to the modern turbine’s development are pitted against permanent-magnet generators (PMGs), whose high-efficiency, light-maintenance regimes have turned many in favour of the technology.
The subject was debated by a panel of experts at Recharge’s Technology roundtable discussion at WindEnergy Hamburg in September.
“When I came into wind power, I found an industry using a generator technology [DFIGs] that had been obsolete in the automotive business for 15 years,” said Jukka-Pekka Mäkinen, chief executive of Finnish PMG maker The Switch, leading off the discussions.
For the generator, this comes down to two things: revolutions per minute and torque. “So a PMG is better for efficiency, reliability — all extremely important for machines in hostile offshore environments — though the DFIG would win on cost,” Andersen explained. “It’s a trade-off. But the PMG wins overall, on the total LCoE, because it has the optimal balance on capex, opex and unit production.”
Paul Jordan, global market sector head for clean energy and power generation at Ricardo, which had a hand in the early design work on the transmission system for Samsung’s 7MW S-171-7.0, takes a holistic view that weighs the “many recent advances in gearboxes and DFIGs” against the “many strengths” of direct-drive and PMGs.
Schröter pointed out that DNV GL’s survey of those transmission system architectures in use worldwide shows the industry remains reluctant to back one technology over another. “There is no clear trend yet.” Behind the “technological beauty” of a given drivetrain concept, he said, politics looms large for any design that opts for a PMG, which relies on a supply of rare-earth materials, reserves of which are concentrated in a few countries, principally China.
Villanueva-Monzón said the supply chain is the second key factor behind a turbine’s “unit power” in deciding on its drivetrain topology. “We are not a multinational and we are not Chinese — we don’t have the buying power or the domestic resource. We have had to be careful in how we go to the market.”
Andersen concurred: “The dynamics of supply-chain cost, particularly the fluctuations in the rare-earth markets, have a great impact on the technology.”
Schröter was more circumspect, framing cost reduction in a matrix of “technology and its industrial ecosystem, politics, joint ventures” into which “everything feeds”, so that DFIGs and PMGs will both find homes in turbines designed for different locales. “We believe that DFIG and PMG systems will be with the industry for some time, and for good reasons: each has their disadvantages, but nothing that can’t be overcome.”
For the biggest turbines now up and running — and those still on the drawing board — PMGs are clearly in the ascendancy. The question now is what drivetrain architecture these generators will be married with: direct-drive, or medium-speed, one- or two-stage geared.
Hendrick noted: “PMG as a choice is more straightforward. Medium-speed or direct-drive is trickier. We have all seen these consultants’ presentations on the subject. Ultimately — because you really can make numbers say whatever you want — it comes down to this: What do you believe in, especially if you are projecting into the future?”
Mäkinen was more partisan, seeing a path for a new, high-speed class of PMG transmission system being pioneered by “forward-looking” Chinese turbine makers with 5MW models of this type already up and running.
“The Chinese are more progressive. As the average size of turbine gets bigger and more powerful, the industry will have to have a more open mind about the direction the technology takes,” he said. “Even high-speed PMGs could one day become the more obvious choice.”
The prices of rare earth metals from China and the challenges for other rare earth metals' manufactures out of China
As the prices of rare earth metals from China have been stabilized for the last two years, other rare earth metals' manufactures out of China have faced more challenges for their products. The following plots show the new low stock prices on Nov 24, 2014. The prices for rare earth in the world are likely to be stable for many years to come.
Also see some commentary in these links:
Siemens Wind Power : the direct-drive permanent magnet generator operates with even stronger permanent magnets to further enhance output.
Siemens Wind Power has injected over five years of pertinent experience gained from its D3 platform into the new SWT-3.3-130. In the new unit, the direct-drive permanent magnet generator operates with even stronger permanent magnets to further enhance output.