On June 10, 2013, Chief ALJ Charles E. Bullock issued Order No. 129 in Certain Sintered Rare Earth Magnets, Methods of Making Same and Products Containing Same (Inv. No. 337-TA-855).
According to the Order, Complainants Hitachi Metals, Ltd. and Hitachi Metals North Carolina, Ltd. (“Hitachi”) and Respondent Bunting Magnetics Co. (“Bunting”) filed a joint motion to terminate the investigation based on a settlement agreement between Hitachi and Bunting. The Commission Investigative Staff supported the joint motion. ALJ Bullock granted the motion, agreeing that the terms of the settlement have no negative effect on the public health and welfare or competitive conditions in the U.S.