Home > News > New Magnets Could Solve Our Rare-Earth Problems
January 20th, 2011
New Magnets Could Solve Our Rare-Earth Problems
Abstract:
Stronger, lighter magnets could enter the market in the next few years, making more efficient car engines and wind turbines possible. Researchers need the new materials because today's best magnets use rare-earth metals, whose supply is becoming unreliable even as demand grows.
So researchers are now working on new types of nanostructured magnets that would use smaller amounts of rare-earth metals than standard magnets. Many hurdles remain, but GE Global Research hopes to demonstrate new magnet materials within the next two years.
Source:
technologyreview.com
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