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LG Innotek Unveils the Industry’s First Eco friendly and HRE Free Magnet with High efficiency

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3 weeks ago

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Reduced dependence on certain countries for key raw materials, contributing to stabilizing the magnet supply chainSignificant reduction in environmental pollutants, marking a win for ESG-focused global customersDevelopment of rare earth-free magnets also underway, eliminating the need for even light rare earth elements

SEOUL, South Korea, Nov. 5, 2024 /PRNewswire/ — LG Innotek (CEO, Moon Hyuksoo) announced on November 5, 2024, that it has developed a ‘high-performance eco-friendly magnet’ with the world’s strongest magnetic force without using any Heavy Rare Earth (HRE) metals.

Magnets are essential parts of a variety of power-driven products, including smartphone actuators, vehicle motors, and audio speakers. The push and pull forces of magnets provide this power.

Until now, HRE metals have been used as a key material for magnets, essential for maintaining magnetic strength at high temperatures. However, these metals are primarily sourced from only a few countries, such as China, and are known to have high price fluctuations and supply instabilities due to geopolitical risks.

Additionally, the mining process generates severe environmental pollution. Therefore, developing HRE-free products has been considered an urgent challenge for the industry.

Industry-first alloy that replaces HRE metals

In 2021, LG Innotek introduced a magnet with 60% lower HRE metal content compared to previous magnets. The company’s newest product, however, does not use any expensive HRE metals, such as terbium (Tb) or dysprosium (Dy).

This achievement was made possible through collaboration with the Korea Institute of Materials Science, leading to the development of a pioneering multi-component alloy capable of replacing HRE metals. This alloy, uniformly pasted to each magnet and heated for even diffusion, resulted in the development of the ‘high-performance eco-friendly magnet’ recently unveiled by LG Innotek. The company’s ‘high-performance eco-friendly magnet’ boasts an industry-leading magnetic performance of 13.8kG (kilogauss, a unit of magnetic field strength).

Previously, HRE metals were considered necessary to increase the durability of magnets at high temperatures. However, the company’s ‘high-performance eco-friendly magnet’ boasts at temperatures up to 180℃ without using any HRE elements or expensive precious metals.

Reduced dependence on a single country for key raw materials, contributing to stabilizing the magnet supply chain

China and a few other countries dominate the global market for HRE metals, controlling global supply and demand. Recently, the price of HRE metals has fluctuated significantly as certain countries have taken steps to adjust the supply.

According to the Korea Mineral Resource Information Service (KOMIS), the price of terbium has surged by 331% in four years, rising from USD 900/kg on September 28, 2020, to USD 2,983/kg on February 21, 2022. Dysprosium has also seen increases of up to 189% over the past four years. Such extreme fluctuations in HRE prices are a risk factor that could lead to disruptions in magnet production.

With the development of its ‘high-performance eco-friendly magnet’, LG Innotek is able to contribute to stabilizing the magnet supply chain by significantly reducing its dependence on certain countries for HRE metals.

By eliminating the need for HRE metals, the company is also able to reduce the cost of raw materials required for magnet production by 60%.

Significant reduction in environmental pollutants, marking a win for ESG-focused global customers

The ‘high-performance eco-friendly magne’t is also welcome news for major global customers who value eco-friendly technologies to minimize environmental pollution.

Study results show that mining one kilogram of HRE metals generates more than 0.5 tons of carbon dioxide (CO₂) and 450kg of acidic wastewater and radioactive substances.

LG Innotek’s ‘high-performance eco-friendly magnet’ eliminates the need for mining HRE metals, enabling global customers to significantly reduce environmental pollutants in their production processes. For example, using ‘high-performance eco-friendly magnets’ instead of conventional ones in electric vehicles can reduce the generation of environmental pollutants by about 45kg per vehicle.

LG Innotek plans to apply its ‘high-performance eco-friendly magnet’ to its products, such as smartphone actuators, to further enhance their price competitiveness.

In addition, it will actively promote the product to global automakers, automotive parts companies, and smartphone manufacturers to expand its application to sectors such as home appliances and robots.

LG Innotek Chief Technology Officer S. David Roh said, “LG Innotek is also developing rare earth-free magnets that use no heavy or light rare earths at all.” He went on to say, “We will continue to deliver distinguished customer value to our customers by introducing innovative materials and parts ahead of the curve.”

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ZICC: Internet Experts Pay Attention to the Development of Artificial Intelligence

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28 minutes ago

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November 23, 2024

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BEIJING, Nov. 23, 2024 /CNW/ — During the Wuzhen Summit of the World Internet Conference, ZICC interviewed Internet experts from all over the world.

Lampros Sterg, UNESCO Chair in AI & Data Science, said that AI can accelerate social progress, but it needs to be used properly to avoid its negative effects in order to benefit citizens and society. Latif Ladid, the president of the IPv6 Forum, called for the establishment of a global governance system to allow artificial intelligence technology to serve humanity for good. South Korean computer scientist Kilnam Chon shared insights on AI’s positive role in healthcare. He urged global efforts to ensure AI safety and prevent its misuse in weapons. Indian entrepreneur Bibin Babu said he believes that AI will not replace humans, but will create more new jobs.

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SOURCE ZICC

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Hankyung.com introduces: MecKare, Leading the AI-powered Innovation in Health Monitoring Solution

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28 minutes ago

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November 23, 2024

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– Leading efficient care management for the elderly with unimpeded smartcare

https://img.hankyung.com/pdsdata/pr.hankyung.com/uploads/2024/11/image01-1.png

SEOUL, South Korea, Nov. 23, 2024 /PRNewswire/ — JCF Technology is a startup that independently developed ‘MecKare’, a radar sensor that measures biological signals in a non-contact manner, and provides a platform service that automatically connects users and guardians in two-way emergency situations through an artificial intelligence analysis system. Since its establishment in 2016, it has developed a highly accurate non-contact multi-biological radar sensor through many years of technology accumulation, and succeeded in commercializing the product for the first time in 2021.

MecKare uses microwave radar and micro-Doppler signal processing technology to measure the user’s heart rate, respiratory rate, and skin temperature within 16.4 ft in real time. The sensor can measure human body movement patterns using precise and highly responsive thermal infrared rays and can detect falls through pattern analysis based on changes in human movement. In particular, the movement and change of thermal infrared rays within the measurement range are detected in real time, and the trend of biomarkers that appear as advance signs before a person falls can be checked through differential motion detection that measures the user’s movement pattern. It provides an alarm in advance by predicting before a person falls, enabling accuracy and quick response to accidents. As a result, it is possible to prevent safety accidents in the elderly by detecting emergency situations such as lonely death, cardiac arrest, breathing difficulties, and falls. Additionally, unlike other existing wearable devices such as smart watches or bands, MecKare does not need to be worn or attached to the body, so it can be used remotely via Wi-Fi without causing stress to the user.

https://img.hankyung.com/pdsdata/pr.hankyung.com/uploads/2024/11/image02.png

MecKare can be installed in the bedroom, bathroom, living room, or entrance of a home or facilities(Assisted Living, Nursing Home, etc) to provide 24-hour monitoring without a camera and detect abnormal signs in advance using a biometric information analysis algorithm and deliver them to the guardian.

MecKare’s radar biometric sensor is recognized in the global market for its technology as a device that obtains precisely customized biometric information while overcoming spatial constraints and without risk of privacy infringement. MecKare is being supplied to senior care facilities in Australia, Germany, Poland, Saudi Arabia, and China. In 2025, MecKare plans to conduct verification of vital signs such as attendance, fall prevention, and asthma of elderly people living in hospitals or assisted living in conjunction with local PPOs/HMOs in the United States.

In summary, MecKare is a system that reduces user inconvenience and enables management of multiple patients. By being able to provide personalized health data analysis results, it will serve as an opportunity to change the market paradigm towards preventive smart care. We expect MecKare’s A.I to play a role as an innovator that complements, rather than replaces, humans in care settings.

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SOURCE Hankyung.com

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SUNLU Formnext 2024 Event Highlights: From Functional Filaments to FilaDryer E2

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28 minutes ago

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November 23, 2024

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ZHONGSHAN, China, Nov. 23, 2024 /PRNewswire/ — SUNLU was present at the Formnext 2024, the largest event for additive manufacturing held in Germany, where they unveiled the new product FilaDryer E2.

SUNLU, the Chinese Tech Giant in the 3D printing industry, recently wrapped up a highly successful showcase at Formnext 2024, one of the largest events for additive manufacturing held in Frankfurt, Germany from November 19–22. SUNLU’s booth (F29, Hall 11.1) hosted a large number of visitors eager to explore the company’s latest innovations in 3D printing materials, equipment, and technology.

A key highlight of SUNLU’s exhibit was the new range of functional filaments, including PA6-CF, PA12-CF, PC-ABS, and PETG-CF. The filaments provide enhanced strength, durability, and temperature resistance, catering to more demanding applications in both industrial and personal use. Visitors saw firsthand how these materials impact the quality, resilience and overall performance of 3D-printed parts.

The debut of the SUNLU FilaDryer E2 also attracted significant interest for its powerful features, notably its maximum drying temperature of 110°C, which allows for the fast drying of functional filaments and annealing printed parts to improve their strength and durability. The FilaDryer E2 will be available for preorder on January 8, 2025, on our official website. Visitors expressed great anticipation, after seeing the upgrades that set the FilaDryer E2 apart. Jack Jiang, the founder of SUNLU, said: “This opportunity allowed us to position and showcase SUNLU as one of the key global players in the 3D Industry.”

Formnext 2024 was a valuable opportunity for SUNLU to connect with peers, partners, and customers worldwide. The team exchanged ideas with industry professionals and distributors, where the company had the opportunity to interview James Rooke from “Honey Badger Print and Paint” and talk about the new SUNLU’s Filament Connector FC01 and it’s perks to make the most out of leftover materials, while enabling multi-color prints.

As the exhibition comes to an end, the SUNLU team extends heartfelt thanks to everyone who visited the booth and made the event memorable, and the company looks forward to meeting up again next year for groundbreaking solutions and meaningful partnerships within the additive manufacturing community.

About SUNLU 

Founded in 2013, SUNLU is a leading 3D printing materials company specializing in R&D, manufacturing, and sales. With facilities in China and Vietnam, we operate 150+ automated production lines and employ over 900 staff. Our certified products serve customers across Europe, America, and Southeast Asia. 

SUNLU has led 30+ research projects, secured 400+ patents, and introduced innovations like “Neat Winding” filament, 3D printing drying boxes, and the ±0.02mm FDM filament tolerance standard, enhancing precision and user experience. 

Guided by our mission, “Simply Your Creation,” we empower creators worldwide with reliable 3D printing materials.

For more information, please visit
https://www.sunlu.com.

Media Contact:
Branding@sunlu.com  
Sales@sunlu.com  

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SOURCE SUNLU

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