KIC UPGRADE Project in EIT Raw Materials Newsletter

In the Newsletter of EIT Raw Materials the project UPGRADE – Optimised process for new permanent magnet grades with low content of heavy rare earth, of which functional materials is also part of, is presented. The ambition of the project is to fully exploit the large potential of the strip-cast-process for HRE–lean magnet grades. The achievements will boost development of fine-grained Nd-Fe-B alloys. Additionally, it will allow the extension of the conventional manufacturing processes beyond their current limits. With a growing demand for Electrical Vehicles, requiring a high amount of HRE in high temperature applications, the market potential for the innovative process is high. The international consortium including research institutes and alloys supplier, a magnet manufacturer and an end-user for assessment represents the complete value chain of the magnet industry.

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