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June 23, 2024, 5:41 p.m.
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Brief news summary

A new magnet design, created with the help of artificial intelligence (AI), could alleviate the environmental pressures caused by electric vehicles and other green technologies. Developed by UK company Materials Nexus, the magnet, called MagNex, is unique in that it does not require rare-earth metals, which are costly and environmentally damaging to extract. Using AI, the company analyzed over 100 million compositions to design, synthesize, and test the magnet in just three months, a process that typically takes decades. Compared to conventional magnets, MagNex is not only more cost-effective, but also reduces material carbon emissions by 70 percent. The demand for rare-earth magnets in the electric vehicle industry alone is expected to increase tenfold by 2030, making alternatives such as MagNex crucial for a greener future.

The urgent shift away from fossil fuels necessitates the exploration of greener technologies, such as electric vehicles. However, these advancements can create their own environmental pressures. To alleviate this burden, a novel magnet design, developed with the assistance of artificial intelligence (AI) in just three months, could offer a solution. Rare-earth metals are crucial components in various modern technologies, including electric vehicles, wind turbines, and solar panels. However, their extraction is expensive in terms of capital, energy, and environmental impact. Consequently, developing technologies that eliminate the need for these metals can hasten the transition towards a sustainable future.

Materials Nexus, a UK-based company, employed its customized AI platform to create MagNex, a permanent magnet that does not rely on rare-earth metals. While this is not the first magnet of its kind, identifying suitable materials typically involves extensive trial and error procedures that can span decades. The integration of AI has expedited this process by roughly 200 times – within a mere three months, the AI platform successfully designed, synthesized, and tested the new magnet. The AI system analyzes over 100 million compositions of potential rare-earth-free magnets, considering not only their performance but also factors such as supply chain security, manufacturing costs, and environmental implications. "AI-powered materials design will not only revolutionize magnetics but also influence the entire field of materials science, " asserts physicist Jonathan Bean, CEO of Materials Nexus. "We have now discovered a scalable method for developing novel materials to meet various industrial needs. " Collaborating with experts from the Henry Royce Institute at the University of Sheffield, Materials Nexus produced the magnet, and it is plausible that similar techniques could be employed to design other rare-earth-free devices and components. According to the creators of MagNex, compared to conventional magnets, the material costs are reduced by 20 percent, with a subsequent 70 percent decrease in material carbon emissions. Materials Nexus predicts that by 2030, the demand for rare-earth magnets in the electric vehicle industry alone will be ten times higher than it is currently, emphasizing the potential significance of these alternative materials. Apart from enhancing manufacturing processes through AI, researchers are also actively pursuing sustainable methods for rare-earth material extraction. Breakthroughs like these accelerate the transition away from fossil fuels and CO2 emissions. Nevertheless, it is essential to acknowledge that the AI industry itself contributes to CO2 emissions. If the carbon footprint of AI can be effectively managed, it has the potential to serve as a valuable tool during the shift towards greener technologies. "This achievement exemplifies the promising future of materials and manufacturing, " affirms materials scientist Iain Todd from the University of Sheffield. "The next generation of materials, unlocked through the power of AI, holds great prospects for research, industry, and our planet. "


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