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AI Designs Magnet Free of Rare-Earth Metals in Just 3 Months
- westurner 2y ago> According to the makers of MagNex, compared with conventional magnets, the material costs are 20 percent what they would otherwise be, and there's also a 70 percent reduction in material carbon emissions. > "In the electric vehicle industry alone, the demand for rare-earth magnets is expected to be ten times the current level by 2030*