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Dive brief:
- General Motors has signed a multi -year supply agreement with Texas -based Noveon magnets for neodium magnets (NDFEB magnets) for its full -size trucks and SUVs. 6 August Press DeclarationHuman
- The agreement provides GM by continuously launching rare land magnets while helping to create a more flexible domestic supply chain and reduce confidence in imported critical materials.
- “We are proud to offer critical critical critical magnets in support of some of the most symbolic US vehicles,” said Scott Dunn, CEO of Noveon Magnetics. “This Certificate of Certificate of what American manufacturers such as General Motors and Nawon can do to develop the right supply chains here in the United States”
Dive insight:
Noveon Magnetics has already started the production of magnets for GM. The first delivery began last month. NDFEB magnets, which are primarily made up of neodium, iron and blond, are the strongest type of permanent magnet available. They are used in a wide range of automotive and industrial applications.
The company is supplying GM with it Magnets of lazinessA production process that leads to a very strong magnetic field. When the alloys are placed in a powder, high -pressure materials are pushed into the mold. The cooking process warms the alloy compressed blocks to a temperature of approximately 1100 ° C, That fuses the particles together and forms a dense and solid magnetAccording to Nawon.
According to this version, Nawon is currently the only manufacturer of NDFEB rare soil magnets in the United States. The company intends to scale production because demand for this magnet accelerates the automotive, energy and industrial sectors.
Although NDFEB magnets are used in both electric and internal combustion motors, they are a major component for EVS electric motors and hybrid vehicles. They are also used in restoring brake systems, electric steering systems and other EV propulsion components. For icy vehicles, NDFEB magnets are used for 12V electric motors and stimuli such as wipers, power door locks, alternators, fan motors and motor control sensors.
“Cooperation with domestic producers such as Nawon allows us to increase our supply chain resistance while supporting US jobs and strengthening industry and economic security,” said Jeff Morrison, chief executive of GM Global. “Nawon magnets support our most popular vehicles and help customers present a leading basket.”
Outside the new General Motors Agreement with Noveon Magnetics, the automotive investment arm participated in a $ 33 million budget of the Minnesota -based Niron magnetic in November 2023. Niron is a producer of magnet nitride -free iron made with cheap iron and nitrogen. The magnet costs about 50 % less than rare soil magnets, which can help EVS more affordable in the future.
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