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LG Innotek develops strongest eco magnet

40% less heavy rare earth elements than previous iterations Metal Tech News - September 22, 2021

LG Innotek Co. Ltd., an affiliate of electronics conglomerate LG, Sept. 15 announced it has developed the world's strongest eco magnet in collaboration with magnet company SGI Co., also minimizing the use of heavy rare earth metals in its production.

As an essential component for electric motors, smartphones, cameras, audio speakers and wind turbines, the demand for heavy rare earths has pushed...

 

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