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In the field of Advanced Materials, NdFeB magnets, or neodymium-iron-boron magnets, represent a class of permanent magnets known for their exceptional magnetic strength, coercivity, and magnetic stability, which outperform other types of magnets such as ferrite or alnico. Comprising an alloy of neodymium, iron, and boron, these magnets exhibit high energy densities, making them particularly suitable for applications in various high-tech areas such as consumer electronics, clean energy technologies, aerospace, and medical devices. Their superior magnetic properties enable the miniaturization of components and improve performance in products like hard disk drives, electric motors, and magnetic resonance imaging (MRI) equipment.
The development of NdFeB magnets has been subject to continuous innovation, focusing on enhancing their temperature performance and resistance to corrosion, which historically have been their main limitations. Advanced material science efforts also aim to reduce reliance on rare-earth elements, which are a key component of these magnets, due to supply chain concerns.
Some notable companies involved in the production and supply of NdFeB magnets include Hitachi Metals, Shin-Etsu Chemical Co., TDK Corporation, Arnold Magnetic Technologies, and Lynas Corporation Ltd. These companies engage in manufacturing, research, and development, striving to optimize the performance of NdFeB magnets while addressing environmental and supply considerations. Show Less Read more