Permanent magnets play an increasingly vital, hidden role in modern technologies. Common devices that we use daily, such as computers, appliances, and automobiles are powered by permanent-magnet motors that convert electricity to motion. In the production of electricity, permanent magnets are found at the heart of generators.
With increasing demand, there has been a growing interest in alternatives to the unsustainable rare earth magnets being used today.
Niron’s Clean Earth Magnet technology will enable mass production of high performance permanent magnets based entirely on low-cost, sustainable input materials.
For high performance applications, magnets made of rare-earth materials are the most widely used today (such as NdFeB magnets). However, the mining, extraction, and manufacturing processes are labor intensive, expensive, and environmentally damaging. Due to persistent supply chain and geopolitical issues, the prices of these materials have been historically unstable and have surged over the last year.
Niron’s proprietary Clean Earth Magnet materials possess inherently higher magnetization and can be produced at a lower cost. Using a patented, scalable process, Niron will produce high powered magnets using commonly available iron and nitrogen raw materials that can be sourced globally and sustainably.
Our manufacturing process combines breakthroughs in nanomaterials with well understood, mature metallurgical methods to deliver high performance magnets at half the cost.
Vice President, Nanoparticle Technology
FORMER PRESIDENT AND CEO, GENERAL MOTORS
VICE ADMIRAL (RETIRED, U.S. NAVY)
CTO AND CIO, FOXCONN
We are a technology-driven company with a passionate team working to eliminate environmentally destructive rare earth mining — replacing it with clean technology.
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