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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.
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.
This magnetic energy value is about 18 times greater than "ordinary" ferrite magnets by volume and 12 times by mass. This magnetic energy property is higher in NdFeB alloys than in samarium cobalt (SmCo) magnets, which were the first type of rare-earth magnet to be commercialized. In practice, the magnetic properties of neodymium magnets depend ...
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 ...
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.
Rare earths are a group of 17 metals used to make magnets that turn power into motion for electric vehicles, cell phones, missile systems and other electronics. There are no known substitutes.
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