Did you know,
“Permanent Magnets have replaced other types of magnets in many applications in modern products that require strong permanent magnets, such as motors in cordless tools, hard disk drives and magnetic fasteners”.
A neodymium magnet (also known as NdFeB, NIB or Neo magnet) is the most widely used type of rare-earth magnet. It is a permanent magnet made from an alloy of neodymium, iron, and boron to form the Nd 2Fe 14B tetragonal crystalline structure.
Who is looking at neodymium recycling flows for cordless tools in the USA? Globally? Will we see tool vendors or manufacturers increasingly invest in recycling programs for things like cordless tools and drones to benefit from “branding”? Will governments regulate more recycling activities?