Search results for Iron
Industry
Next-generation magnetic memory material records with light, not current
Researchers have developed a next-generation magnetic memory material that can write information using light rather than electric current. The team expects the technology to enable data writing up to 1,000 times faster than existing magnetic memory while using less power. The material uses an optical switching phenomenon that flips electron spins with laser pulses. The group combined layered materials to achieve both optical switching and stability, and sees potential uses in AI, data centres and next-generation information processing systems.
Industry
Posco Future M breaks ground on dedicated LFP cathode plant
Posco Future M has broken ground on a dedicated LFP (lithium iron phosphate) cathode materials plant, stepping up its push into materials for energy storage systems and electric vehicles. Its joint venture with Pino and CNGR began construction after holding a safety ceremony in Pohang on May 28. The plant targets mass production in 2027 and plans to expand capacity in stages to as much as 50,000 tonnes a year.
AI & Enterprise
National Growth Fund bets 800 billion won on FuriosaAI, backs SK Bioscience too
South Korea\'s National Growth Fund will support domestic AI chipmaker FuriosaAI to expand mass production and develop next-generation chips, while also providing funding to Smilegate for an AI data centre project and to SK Bioscience for vaccine development and plant expansion. The Financial Services Commission approved five projects worth 4.14 trillion won, raising the fund\'s cumulative approvals to 12.5 trillion won across 16 projects. Support also includes loans for L&F Plus and funding for switchboard maker Geunu.
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Industry
LG Energy Solution signs $1.6 billion ESS supply deal with DTE Energy
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Finance
Nexthus\' Frost Kingdom to hold closed beta test in June, new test for blockchain games
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Industry
Ganfeng starts initial production of 500 Wh/kg solid-state lithium metal battery
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Autos & Transportation
Tesla cuts Model 3 acceleration spec again in Canada, 0 to 100 km/h now 6.2 seconds
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Industry
Swappable vs integrated: Humanoid battery standards race intensifies
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Industry
L&F completes LFP-dedicated subsidiary plant, mass production to start in Q3
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Industry
BYD overtakes Tesla to top global BESS market in 2025
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Industry
K battery makers see end of chasm tunnel, profitability within reach in Q2
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Mobility
Volkswagen EV profitability unlikely to match combustion cars until 2030
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Industry
L&F posts 118.9 billion won Q1 operating profit, returns to profit
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Industry
China develops all-iron flow battery electrolyte, claims 6,000 cycles and up to 80 times lower material cost
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Industry
U.S. Radify targets rare earths with plasma refining, challenging China dominance
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Industry
Top Material to supply LFP production line to Turkish battery company
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AI & Enterprise
Sam Altman says he was sad to disappoint Disney after OpenAI shuts Sora
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Industry
SMR vs fusion vs renewables: three-way race for future power, who takes energy throne by 2035