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General Motors has entered into a partnership with a small Wisconsin start-up, Niron Magnetics, to develop electric motor magnets that can be made without rare elements that are mostly sourced ...
The venture capital arms of General Motors and Stellantis are among investors sinking $33 million into a Minnesota company with technology to make magnets for electric vehicle motors without using ...
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Mu-metal is used to shield equipment from magnetic fields. For example: Electric power transformers, which are built with mu-metal shells to prevent them from affecting nearby circuitry. Hard disks, which have mu-metal backings to the magnets found in the drive to keep the magnetic field away from the disk. [6]
Electropermanent magnets require no power source to maintain the magnetic field. Electropermanent magnets made with powerful rare-earth magnets are used as industrial lifting (tractive) magnets to lift heavy ferrous metal objects; when the object reaches its destination the magnet can be switched off, releasing the object. Programmable magnets ...
MP Materials focuses its production on Neodymium-Praseodymium (NdPr), a rare earth material used in high-strength permanent magnets that power the traction motors found in electric vehicles, robotics, wind turbines, drones and other advanced motion technologies. [11] MP Materials is listed on the New York Stock Exchange under the ticker symbol ...
A U.K.-based company announced last week that they’d successfully developed, in just three months, a magnet that doesn’t use rare earth metals at all using AI—according to the company, that ...
Ferrofluid on glass, with a rare-earth magnet underneath. 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.
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