High-performance Rare-Earth Free Permanent Magnets for Power Tools
Alternative to Rare Earth Magnets for Power Tools
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Magnets put the “power” in power tools and are at the heart of the motors that drive construction professionals and hobbyists alike. However, for tool manufacturers, permanent magnet options have always been limited. Neodymium rare earth magnets come at a premium price to achieve compact, lightweight, and battery efficient designs. Ferrite offers a low cost but creates limitations on performance while making designs heavier and bulkier. Designers and contractors have been forced to choose between extremes.
Between 2020 and 2030, power tool consumption is expected to nearly double. Price and performance pressures are increasing in tandem. For rare earth magnets, geopolitical risk and supply competition from electric vehicles and wind turbines threatens shortages and promises cost increases. Today, the industry is challenged to find an innovative material that is low cost and has a stable procurement outlook.
Niron’s Clean Earth Magnet is made from Iron Nitride, enabling next generation power tool designs using abundant input materials. Its magnetic and material properties deliver high performance in a small package from a stable domestic supply chain, offering power tool manufacturers an alternative to the rising prices and volatility of rare earth magnets, without the compromise.
Power Tools Applications
Drills
Saws
Sanders
Lawn & garden
Other rotary applications