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 ...

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 ...

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 ...

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 ...

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 ...