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The Scramble for Rare Earths - 3. The Super Magnets

Sep 30, 2022
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ANECDOTE

Magnet Fishing

  • Magnet fishing gained popularity during the 2020 lockdown.
  • People used neodymium magnets to pull surprising items from the water.
INSIGHT

Neodymium Magnets

  • Neodymium is a soft, silvery-white metal that becomes a super magnet when alloyed with iron and boron.
  • The crystalline structure, with aligned magnetic domains, gives it immense power.
INSIGHT

Neodymium Uses

  • Neodymium magnets were initially developed for nuclear applications in the mid-20th century.
  • They are now crucial for electric vehicles, aircraft, and wind turbines.
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