Neodymium Magnets – Frequently Asked Questions

Neodymium Magnets

Neodymium Iron Boron Rare Earth are the strongest permanent magnets presently available. They are a hidden key component of mobile phones, cars, and computers. When speaking to customers, we identified a number of frequently asked questions, which we will attempt to answer in this latest blog. Technical product information: Neodymium Magnets What are Rare Earth…

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Supplying Magnets To NASA

Magnets to NASA

Bunting is thrilled to have been selected as the supplier of high specification grain boundary diffused Neodymium Iron Boron (NdFeB) Magnets for a NASA project. Grain Boundary Diffused Magnets Grain Boundary Diffusion (GBD) technology enables the heavy rare earth element Dysprosium to diffuse from the surface of a grain around all of the grains boundaries.  Dysprosium…

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Ever Increasing Rare Earth Metals Demand

Rare Earth Metal

Technology Driving Up Rare Earth Magnet Prices The global market for rare earth metals will be worth an estimated US$ 7362 million by 2026, according to Future Market Insights.  This projection equates to a compound annual growth of 8.5%.  The growth in demand is expected to put pressure on prices. The vast majority of Rare…

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Why Are Strong Magnets Called Rare Earth?

Bunting Neodymium Magnets

The first ‘Rare Earth’ Magnet was developed in the 1960s based on work done by Karl Strnat and Alden Rey at Wright-Patterson Air Force Base and the University of Dayton.  The development of the Samarium–Cobalt Magnet (made of an alloy of samarium and cobalt SmCo) was a major advancement in magnet technology.   For the first…

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