Shaping Tomorrow’s World with Sustainable Magnetic Solutions

Challenge

The finite supply of rare earth elements (REE) makes them increasingly costly to mine, with significant environmental, economic, and geopolitical impacts. Developing REE-free magnets could alleviate these pressures, reducing costs across technologies and indirectly lowering battery prices by eliminating resource competition.

A transition towards energy sources and sustainable mobility is essential for carbon – neutral, energy – independent Europe as outlined in the European Green Deal, Fit for 55 targets, REPowerEUplan, and the Sustainable and Smart Mobility Plans.

By the 2040, the demand for REE, especially for permanent magnets (PM) production is going to be increased. For example, PM used in wind turbines will be more than triple (especially Nd and Pr1). Furthermore, in automotive industry more than 90% of the electrical vehicles sold today use PM synchronous motors with up to 1 kg of REEs per motor.

More than 60% of REEs are extracted and over 90% are refined in China, enabling downstream, high – value segments of production (98% of PM are produced in China). Underdevelopment of the PM value chain and increasing supply dependence form non- EU countries are expected to impact negatively the EU economy and the employment linked to green transition. EU PM end users aim to be less dependent on REE-based PM through system redesign.

Read More

magneo cONCEPT

SOLUTION

The MagNEO project will develop new alloy material for permanent magnets, which is REE-free and also develop recycling strategies to allow an efficient reuse of alloys. In addition, the specific project can contribute to transition towards renewable energy sources and sustainable mobility. That is going to be achieved with the performance enhancement of AlNiCo and other similar alloys which can be used as materials of permanent magnets for relevant energy and transportation applications as most promising due their higher coercivity at elevated temperatures.

How It Will Be Achieved:

The MagNEO project will develop new alloy material for permanent magnets, which is REE-free and also develop recycling strategies to allow an efficient reuse of alloys.

How It Will Be Achieved:

Transition towards renewable energy sources

Sustainable mobility

Performance enhancement of AlNiCo and other similar alloys

Transportation applications

Outcomes

A holistic methodology enabling the design of new materials, automated & flexible AM (PBF- LB), and quality assessment of high- performance, REE- free & circular PMs, validated in 5 clean energy and transport related applications (3 in bench tests and 2 via TEA/simulation).

MagNEO encompasses a workflow from design to manufacturing and recycling supported by LCA/LCCA/STA, including:

Advanced multi-scale modelling

Machine Learning (ML)

Enhanced and EoL strategies
(direct & indirect recycling)

Improved REE-free magnets

Impact

The replacement of REE for permanent magnet production with REE-free AlNiCo alloys, something which will help to develop with high-quality knowledge (methods, tools. data) to solve material innovations towards sustainable and resilient magnets/components something which will be an extra push for the for the green transition. Specifically, this going to be valuable for clean-energy and sustainable-mobility applications. Furthermore, that will contribute to the reduction of Europe’s dependence on unstable markets and leverage competitiveness, leadership, and enabling business opportunities across the PMs circular value chain.

MagNEO Fast Facts

16

Partners

10

Countries

7

WPs

28

Deliverables
8 are public | 20 are sensitive

01/05/2024

Starting Date

48 Months

Duration

€7.713.280,99

Total Budget

Project Road Map

Targeted Milestones

Dec 2024 – Month 8

  • Methodology established

Oct 2025 – Month 18

  • First suggested improved AlNiCo composition ready
  • First suggested HEA-magnet composition ready
  • Key stakeholders identified and involved

Feb 2026 – Month 22

  • Gas atomization of first big batch (40-200 kg) of metal powder realised

Jul 2026 – Month 27

  • First suggested HEA-magnet composition

Oct 2026 – Month 30

  • improved designs of critical components and drawings of an anti-satellite system
  • PBF-LB optimal process parameters producing dense, crack-free magnet samples
  • TIS scope and desk study completed

Dec 2026 – Month 32

  • A working version of the topology optimization model available

Apr 2027 – Month 36

  • Relations between microstructure and magnetic properties in optimally processed and heat-treated samples

Oct 2027 – Month 42

  • Use case manufacturing process validated
Dec 2024 – Month 8 Oct 2025 – Month 18 Feb 2026 – Month 22 Jul 2026 – Month 27 Oct 2026 – Month 30 Dec 2026 – Month 32 Apr 2027 – Month 36 Oct 2027 – Month 42
Project Progress Bar
Privacy Overview
MagNEO Project

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

3rd Party Cookies

This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.

Keeping this cookie enabled helps us to improve our website.