Tag Archives: neodymium magnets

Honda, Daido Steel Neodymium Magnet Has No Rare Earth Materials

The problem with the currently used version of the neodymium magnet is that China is by far the largest producer of rare earth elements, universally used in electric motors in EVs and hybrids. However, China is thought to be a politically unstable, unreliable supplier. This is certainly with regards to Japan, which has ongoing disputes with the Communist nation that is now also part of the U.S. presidential debate. Continue reading

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