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A rare-earth magnet is a strong permanent magnet made from alloys of rare-earth elements. Developed in the 1970s and 1980s, rare-earth magnets are the strongest type of permanent magnets made, producing significantly stronger magnetic fields than other types such as ferrite or alnico magnets.
The relatively low rare earth content (12% by volume, 26.7% by mass) and the relative abundance of neodymium and iron compared with samarium and cobalt makes neodymium magnets lower in price than the other major rare-earth magnet family, samarium–cobalt magnets.
A samarium–cobalt (SmCo) magnet, a type of rare-earth magnet, is a strong permanent magnet made of two basic elements: samarium and cobalt. They were developed in the early 1960s based on work done by Karl Strnat at Wright-Patterson Air Force Base and Alden Ray at the University of Dayton.
China accounts for 98% of EU rare earth permanent magnet imports. EU Commission spokesperson Johanna Bernsel said they could not confirm the Reuters findings, but said the bloc would do its best ...
Masato Sagawa (佐川眞人; born August 3, 1943, in Tokushima, Japan) is a Japanese scientist and entrepreneur, and the inventor of the sintered permanent neodymium magnet (NdFeB). Sagawa was awarded the Japan Prize and IEEE Medal for Environmental and Safety Technologies for his efforts.
The United States Department of Energy has identified a need to find substitutes for rare-earth metals in permanent-magnet technology, and has begun funding such research. The Advanced Research Projects Agency-Energy (ARPA-E) has sponsored a Rare Earth Alternatives in Critical Technologies (REACT) program to develop alternative materials.
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