Toyota says it has invented a new magnet for high-energy applications like electric motors that uses a fraction of the amount of neodymium (a rare-earth element) of a standard iron, boron ...

As of November 2021, China controlled 87% of the global neodymium market, according to a report from MacroPolo, a Paulson Institute think tank based in Chicago. These magnets have been called ...

Magnets made of rare-earth metals like neodymium are commonly used in the generators found in offshore wind turbines. Turbines with neodymium magnets generally need less maintenance than those ...

They are categorized into two primary types: Neodymium (NdFeB) and Samarium-cobalt (SmCo). These magnets find indispensable applications across a diverse spectrum of industries, encompassing ...

TOKYO -- Japanese metal maker Proterial has developed a prototype motor for electric vehicles that uses magnets that do not contain the rare-earth metal neodymium. Neodymium magnets are the most ...

The White House said the commerce department would examine whether to probe neodymium magnets, which are used to manufacture everything from smartphones to electric vehicle motors. President Joe ...

Research group imarc estimates the market for the neodymium-iron-boron magnet used in the motors is now worth more than $11.3 billion, with demand for the magnets rising at a compound annual ...

These are some of the weapons the Cowart brothers have magnet fished out of waterways in Georgia. The element attracting all this attention is neodymium, a difficult-to-produce rare-earth metal ...