MagNex：A Rare-earth-free Permanent Magnet
Views: 36 Author: Site Editor Publish Time: 2024-10-07 Origin: Site
Materials Nexus has developed MagNex, a groundbreaking rare-earth-free permanent magnet, through an innovative approach that leverages artificial intelligence. Here are the key details about MagNex:
Overview of MagNex
Development: MagNex was created using Materials Nexus's AI-driven platform, which efficiently identifies and synthesizes new materials. This process traditionally takes years but was completed for MagNex in just three months, marking a significant acceleration in materials discovery
Material Composition: Unlike traditional permanent magnets that rely on rare earth elements like neodymium and dysprosium, MagNex is designed to be produced without these materials. This shift not only addresses environmental concerns but also mitigates supply chain risks associated with rare earth mining
Benefits
Cost Efficiency: MagNex can be produced at approximately 20% of the cost of traditional rare earth magnets. This cost reduction could make high-performance magnets more accessible to a wider range of industries
Environmental Impact: The manufacturing of MagNex promises a 70% reduction in carbon emissions compared to conventional rare earth magnets. This aligns with global efforts to reduce carbon footprints and enhance sustainability in manufacturing
Applications
Versatile Use: Permanent magnets like MagNex are essential in various industries, including electric vehicles (EVs), wind turbines, robotics, and drones. The demand for high-performance magnets is increasing rapidly, particularly in the EV sector, where rare earth magnets are projected to see a tenfold increase in usage by 2030
Potential Impact: MagNex aims to play a crucial role in the green transition by providing sustainable alternatives that meet the growing demand for magnets without the environmental costs associated with rare earth mining
