> According to the makers of MagNex, compared with conventional magnets, the material costs are 20 percent what they would otherwise be, and there's also a 70 percent reduction in material carbon emissions.
> "In the electric vehicle industry alone, the demand for rare-earth magnets is expected to be ten times the current level by 2030*
> According to the makers of MagNex, compared with conventional magnets, the material costs are 20 percent what they would otherwise be, and there's also a 70 percent reduction in material carbon emissions.
> "In the electric vehicle industry alone, the demand for rare-earth magnets is expected to be ten times the current level by 2030*