AI discovers new rare-earth-free magnet at 200 times the speed of man

Materials Nexus, in collaboration with the University of Sheffield, used an AI platform to discover a rare-earth-free magnet called MagNex, significantly faster than traditional methods. The AI analyzed over 100 million material compositions, focusing on cost, supply chain security, performance, and environmental impact. The result is a magnet that can be produced at 20% of the material cost and with 70% lower carbon emissions compared to current rare-earth magnets. This breakthrough aims to meet the growing demand for sustainable and efficient magnetic materials.

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