A UK company has used artificial intelligence to create a rare-earth element-free magnet in record time that could revolutionize clean energy production.
According to the company MaterialNexus, this new magnet was created in just three months using artificial intelligence. While the process of discovering new materials in traditional methods is often not so fast.
Permanent magnets are present in every gadget around us and are used to make important components of wind turbines, robots and electric vehicle motors. As the world transitions to clean energy, the need for permanent magnets is expected to increase.
Demand for rear earth magnets in the electric vehicle industry alone could increase by up to 10-fold before the end of this decade.
These magnets are made from rare earth elements (such as neodymium and dysprosium). Additionally, these elements are produced in China and geopolitical tensions can disrupt the supply chain.
Mining for minerals causes carbon emissions and can harm local people and the environment.
