Researchers at the Korea Institute of Materials Science (KIMS) have developed a new method for creating high-performance permanent magnets.

This innovative approach significantly reduces the need for rare-earth elements like neodymium by substituting it with the more abundant cerium.

The KIMS team overcame the traditional performance decline associated with increased cerium by refining the magnet's microstructure during manufacturing. This breakthrough has the potential to make technologies like electric vehicles and wind turbines more sustainable and affordable due to decreased reliance on scarce resources.

However, the text also considers potential positive and negative scenarios, including accelerated adoption of green technologies and possible market disruptions.

Ultimately, the KIMS innovation represents a significant step towards more sustainable manufacturing in the high-performance magnet industry

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