Traditional iron magnets have been used in consumer products for hundreds of years, but they do have some limitations in terms of magnetic power and adaptability. In the 1980s, scientists used 17 rare ...

Since their relatively recent appearance on the commercial scene, rare-earth magnets have made quite a splash in the public imagination. The amount of magnetic energy packed into these tiny, shiny ...

Two researchers who independently developed the neodymium magnet — used in everything from hard disk drives to automobiles — have been awarded the 44th Honda Prize. In 1982, two researchers working ...

The Trump administration invested a lot of time during 2025 trying to set up deals to establish rare-earth supply chains that ...

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, neodymium ...

China currently accounts for around 60% of global rare earth mining, according to the International Energy Agency, and about 90% of refining (including ore mined in and shipped from the U.S.). It also ...

New York, United States , June 27, 2023 (GLOBE NEWSWIRE) -- The Global Neodymium Magnet Market Size is to grow from USD 2.3 Billion in 2022 to USD 3.83 Billion by 2032, at a Compound Annual Growth ...

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 without ...