Permag Unveiled: High-Performance Magnetic Solutions Leader Rebrands from Magnetic Holdings, LLC

Published: Jul 31, 2025 08:45
Permag, the new name representing the leader in the high-performance magnetic solutions industry, has officially replaced the former name of Magnetic Holdings, LLC. This renaming symbolizes a new stage in the company's development, where we will fully integrate the unique strengths of Dexter Magnetic Technologies (DMT), Magnetic Components Engineering (MCE), and Electronic Energy Corporation (EEC) to jointly reach new heights. DMT, EEC, and MCE will continue to maintain their existing operational names, but the new synergy among them will create greater value for customers and the market. Through deepened cooperation, we have secured a leading position in the procurement, design, and manufacturing of rare earth magnets.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Frontier Secures $20 Million and Signs Rare Earth Offtake Agreement
Feb 6, 2026 18:46
Frontier Secures $20 Million and Signs Rare Earth Offtake Agreement
Read More
Frontier Secures $20 Million and Signs Rare Earth Offtake Agreement
Frontier Secures $20 Million and Signs Rare Earth Offtake Agreement
Luxembourg-based Frontier Rare Earths today announced it successfully obtained a $20 million investment from South Africa's Industrial Development Corporation (IDS) and signed an offtake agreement with France's Carester. The company has now initiated the final feasibility study for its South African magnet-use rare earth and battery-grade manganese project. Frontier Rare Earths is currently advancing the development of the Zandkopsdrift project in South Africa. The project is expected to achieve an annual capacity of approximately 3,038 mt of Pr-Nd oxide, 114 mt of dysprosium oxide, and 25 mt of terbium oxide over the first 25 years.
Feb 6, 2026 18:46
US Provides $565 Million in Financing for Brazilian Rare Earth Project
Feb 6, 2026 18:43
US Provides $565 Million in Financing for Brazilian Rare Earth Project
Read More
US Provides $565 Million in Financing for Brazilian Rare Earth Project
US Provides $565 Million in Financing for Brazilian Rare Earth Project
Serra Verde, a Brazilian rare earth element producer, announced today that the US International Development Finance Corporation (DFC) offered it a financing package worth $565 million, which also includes an option for the US government to acquire a minority stake in the company. Serra Verde’s Pela Ema ionic clay deposit in Brazil is scheduled to begin commercial production in 2024, with an expected annual output of 5,000 mt of total rare earth oxides, including dysprosium, erbium, neodymium, and praseodymium. Serra Verde plans to use the funds to refinance existing loan facilities and expand production capacity. The project aims to increase total rare earth oxide production to 6,500 mt per year by 2027.
Feb 6, 2026 18:43
US DFC Offers $565M Financing to Brazilian Rare Earth Project
Feb 6, 2026 18:42
US DFC Offers $565M Financing to Brazilian Rare Earth Project
Read More
US DFC Offers $565M Financing to Brazilian Rare Earth Project
US DFC Offers $565M Financing to Brazilian Rare Earth Project
[SMM Flash: US Provides $565 Million in Financing for Brazilian Rare Earth Project] Serra Verde (a Brazilian rare earth element producer) announced today that the US International Development Finance Corporation (DFC) has provided it with a financing package worth $565 million, which also includes an option for the US government to acquire a minority stake in the company. Serra Verde's Pela Ema ionic clay deposit in Brazil is scheduled to commence commercial production in 2024, with an expected annual output of 5,000 mt of total rare earth oxides, including elements such as dysprosium, erbium, neodymium, and praseodymium. Serra Verde plans to use the funds to refinance existing loan facilities and expand production capacity. The project aims to increase the annual production of total rare earth oxides to 6,500 mt by 2027.
Feb 6, 2026 18:42
Permag, the new name representing the leader in the high-performance m - Shanghai Metals Market (SMM)