(KNSI) – Niron Magnetics, a local maker of rare-earth-free Iron Nitride permanent magnets, has been named an Innovation Awards Honoree in the Vehicle Tech and Advanced Mobility category for the 2027 Consumer Electronics Show. The recognition honors Niron’s unique magnet technology, which provides high-performance without rare earth metals for electric motors and vehicle systems. The awards recognize outstanding design and engineering across consumer technology products.
Most high-performance magnets rely on rare earth elements with concentrated, volatile supply chains. Niron’s Iron Nitride magnets are made from abundant iron and nitrogen, giving automakers and suppliers an alternative built on a secure, domestic supply chain. Niron’s customers and partners include General Motors, Honda, Stellantis, and Samsung.
Headquartered in Minneapolis, Niron is building a full-scale magnet manufacturing plant in Sartell. The facility is anticipated to begin production in late 2027.
___
Copyright © 2026 Leighton Media. All rights reserved. This material may not be broadcast, published, redistributed, or rewritten, in any way without consent.
FOLLOW US FOR INSTANT UPDATES!
FOLLOW US FOR INSTANT UPDATES!