About the Project
Permanent magnets are crucial to green technology; being at the core of renewable energy sources like wind turbines and tidal power and in the motor of almost all electric vehicles. They also play an increasingly important role in the digital economy as the demand for cheap data storage has increased reliance on magnetic hard disk drives. Nd demand has risen rapidly, with permanent magnets now representing over 40% of global rare earth demand. The risks represented by over-reliance on…
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