Skip to content
Posts Tagged ‘Neodymium Iron Boron Magnet’
Grain Boundary Diffusion Technology
Neodymium (NdeFeB) Rare Earth Magnets are used throughout industry and, as demand increases from the Energy, Automotive, Aerospace and Down Hole markets, the drive is towards producing magnets that have the highest magnetic energy under the harshest of conditions such as: These are typical applications where the Samarium Cobalt (SmCo) Rare Earth Magnet has been…
Read MoreEver Increasing Rare Earth Metals Demand
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…
Read MoreElectric Vehicles Drive Up Rare Earth Magnets Prices
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…
Read MoreMagnets, Quality and the Environment
Bunting’s Quality Assurance Manager, Denis Elkins, discusses the importance of successfully transitioning to the latest incarnations of the international standards for Quality (ISO9001:2015) and the Environment (ISO14001:2015). “Bunting has held the ISO9001 Quality Standard since May 2005 and the ISO14001 Environmental standard since February 2002. Adapting our business operation to comply with the new standards…
Read MoreMagnet Health and Safety Advice
The high magnetic strength of present-day Permanent Magnets, such as Rare Earth Neodymium, is vitally important in Computer Hard Drives, Audio Equipment, Motors, Door Catches, and even Jewellery. However, there are also Health and Safety precautions that need to be taken when handling high strength Neodymium Magnets. These magnet health and safety precautions need to be…
Read MoreWhy Are Strong Magnets Called Rare Earth?
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…
Read MoreOffshore Winch Eddy Current Brake with Magnetic Powers
Bunting’s magnet product design team were contacted and asked to manufacture a Magnet Assembly that would act as an emergency eddy current brake on an offshore winch. The original design called up bespoke Neodymium Rare Earth Magnets with a strength of 50MGOe (MegaGauss oersted). Such an assembly had an ten-week lead time, which was too…
Read More