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A neodymium magnet (also known as NdFeB, NIB or Neo magnet) is a permanent magnet made from an alloy of neodymium, iron, and boron to form the Nd 2 Fe 14 B tetragonal crystalline structure. [1] They are the most widely used type of rare-earth magnet. [2]
The magnetic field typically produced by rare-earth magnets can exceed 1.2 teslas, whereas ferrite or ceramic magnets typically exhibit fields of 0.5 to 1 tesla. There are two types: neodymium magnets and samarium–cobalt magnets. Rare-earth magnets are extremely brittle and also vulnerable to corrosion, so they are usually plated or coated to ...
Neodymium is a fairly common element in the Earth's crust for being a rare-earth metal. Most rare-earth metals are less abundant. Neodymium is classified as a lithophile under the Goldschmidt classification, meaning that it is generally found combined with oxygen. Although it belongs to the rare-earth metals, neodymium is not rare at all.
The rare-earth elements (REE), also called the rare-earth metals or rare earths, and sometimes the lanthanides or lanthanoids (although scandium and yttrium, which do not belong to this series, are usually included as rare earths), [1] are a set of 17 nearly indistinguishable lustrous silvery-white soft heavy metals. Compounds containing rare ...
On May 24, 2024, the Biden Administration announced a 25 percent tariff on rare earth magnets from China, set to take effect in 2026. This marks the first time that critical minerals, including rare earth magnets, have been specifically included in the tariffs. [53] Following the tariffs MP Materials put out a statement listing the tariffs.
The Mountain Pass Rare Earth Mine and Processing Facility, owned by MP Materials, is an open-pit mine of rare-earth elements on the south flank of the Clark Mountain Range in California, 53 miles (85 km) southwest of Las Vegas, Nevada. In 2020 the mine supplied 15.8% of the world's rare-earth production.
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