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UK firm makes rare earth element-free magnet 200 times faster with AI | The researchers were able to design and develop the magnet in three months, 200 times faster than conventional approaches.
Permanent magnets are made using rare-earth elements whose supply chains are vulnerable. A rare-earth free magnet is eco-friendly too.
London-headquartered , working in collaboration with the Henry Royce Institute and The University of Sheffield in the UK, has designed and developed MagNex, a novel permanent magnet made without using rare-earth elements. After three months of design and testing efforts, the researchers produced MagNex at just 20 percent of the material cost, but 200 times faster than what it would have taken using the conventional approach, a press release said. I look forward to seeing the role it will play in supporting market demand for the creation of novel materials to help address increasingly pressing supply chain and environmental issues,” Bean added.
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