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By A.J. Roan
Metal Tech News 

LG Innotek develops strongest eco magnet

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


Last updated 7/12/2022 at 12:44pm

LG Innotek eco magnet rare earth elements SGI Korea EV wind turbines electronics

LG Innotek Co. Ltd.

The eco magnet is heated to evenly absorb a special coating that provides greater magnetic strength with less rare earths.

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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