Magnet™
performance, rare-earth free
permanent magnets
Magnet™
performance, rare-earth free
permanent magnets
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High Performance, Low-Cost
Permanent Magnets
For Consumer, Industrial and Automotive Applications
As advancements in green technology and increasing electrification continue,
the demand for permanent magnets has never been higher.
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.
01
Performance
Performance
High magnetic field strength and enhanced temperature range
02
Cost
Cost
Low-cost input materials and scalable manufacturing processes
03
Sustainability
Sustainability
Clean, abundant input materials minimize environmental impact.
04
Supply Chain Resilience
Supply Chain Resilience
Globally available, geopolitically secure supply
The world’s first high strength, rare earth free
permanent magnet.
Niron’s manufacturing process combines breakthroughs in nanomaterial engineering with well understood, mature metallurgical methods to deliver high performance magnets at less than half the cost of alternatives.
Building off more than a decade of research and development, Niron’s manufacturing techniques precisely control and manipulate the crystal structure of Iron Nitride to obtain high strength magnets.
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.
Rare Earth vs Clean Earth
Temperature Stability
Low
Environmental Issues
High
Temperature Stability
Low
Environmental Issues
High
Temperature Stability
Very High
Price Stability
