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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2018 Review of Magnet News and Blogs

Bunting Magnetics Europe at Interplas 2017

Technical Articles on Magnets and Assemblies 2018 2018 has been another exciting year for eMagnets and Bunting Magnetics.  Magnetic technology has never been more important.  Advances in environmental technology such as electric vehicles and wind turbines would not be possible without the simple magnet.  Throughout the year we reviewed some really novel and inspiring ways…

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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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Electric Vehicles Drive Up Rare Earth Magnets Prices

Rare Earth Minerals

Prices of Neodymium Magnets Increase The price of rare earth minerals, used in the production of Rare Earth Magnets such as Neodymium, is trading at nearly double the 2016 average (as of August 2017).  This alarming increase is believed to be driven by an expansion in electric vehicles and renewable energy. At the end of…

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