Demand for neodymium-iron-boron (Nd-Fe-B) magnets is growing worldwide due to the transition to clean energy and electric transportation, as permanent magnets are an essential component in the manufacture of electromotors and generators for wind-power plants.
Rosatom Metal Tech LLC is constantly expanding the area of rare-earth magnets supply, which covers such actively developing sectors of the Russian economy as electric transportation, aerospace, and medical equipment.
Rosatom Metal Tech LLC is currently implementing a design to construct Russia's first full-cycle large-capacity production of permanent rare-earth magnets, based on domestic mineral raw material base in Glazov, Udmurt Republic.