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Neodymium Magnets Latest News

  • China, which is currently responsible for 90 per cent of the Neodymium magnet supply globally, had introduced new rules in April that required companies to have import permits
    Car Manufacturing Could Grind To A Halt In India Owing To China’s Magnet Export Restrictions: Report
  • Toyota Motor Corporation has announced that it has developed an electric vehicle motor magnet, which reduces the use of a rare-earth material neodymium by almost 50 per cent. Neodymium magnets are heat-resistant magnets used in high-output electric motors for electric vehicles, as well as machines and robots.
    Toyota's New Motor Magnets Cut Dependence On Rare-Earth Materials For EVs