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09 Jun: RE-ENGINEERING PERMANENT MAGNETS FOR THE GREEN TRANSITION: EU PROJECT GREENE KICKS OFF

RE-ENGINEERING PERMANENT MAGNETS FOR THE GREEN TRANSITION: EU PROJECT GREENE KICKS OFF  Bohinj, Slovenia: On 4th and 5th June, a consortium of 15 European partners led by the Slovenian Jožef Stefan Institute kicked off GREENE, short for SINGLE-GRAIN RE-ENGINEERED Nd-Fe-B PERMANENT MAGNETS, an EU project with a funding of €8 million. Over a four-year period, partners will develop high-energy Nd-Fe-B based magnets, innovatively re-engineering them at the single grain level to minimize the overall Rare Earth (RE) content, thus reducing environmental impact and supply dependencies for these critical raw materials. Rare-earth element (REE) permanent magnets based on Neodymium Iron Boron (Nd-Fe-B) are vital components of high-tech products enabling a green energy future, like e-vehicles and wind turbines. With the advancement of the green transition, magnet demand is increasing drastically – supply, however, is under threat. The EU is dependent on imports, mainly from China, and geopolitical tensions, environmental issues connected…