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 ...

Grade 42M commercial magnet performance (see graph) can be achieved with ~30% less neodymium than before, according to the Korea Institute of Materials Science. More of the less costly rare-earth ...

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 ...

Chicago, April 01, 2025 (GLOBE NEWSWIRE) -- As per the recent findings by Astute Analytica, the Japan neodymium iron boron magnet market was valued at US$ 992.89 million in 2024 and is expected to ...

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 ...

Adamas Intelligence forecasts that demand for neodymium magnets will increase at a CAGR of 8.7% from 2024 through 2040 This outstrips projected supply growth of 5.1% during the same period ...

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 ...

Neodymium is critical to making the wheels ... China’s dominance in a key component of modern technology: the magnet. But the dozens of companies jostling for government support will struggle ...

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 ...