Two researchers who independently developed the neodymium magnet — used in everything from hard disk drives to automobiles — have been awarded the 44th Honda Prize. In 1982, two researchers working ...

China currently accounts for around 60% of global rare earth mining, according to the International Energy Agency, and about 90% of refining (including ore mined in and shipped from the U.S.). It also ...

Toyota says it has invented a new magnet for high-energy applications like electric motors that uses a fraction of the amount of neodymium (a rare-earth element) of a standard iron, boron, neodymium ...