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NEOMAX Develops New Ferrite Magnet with World's Highest Magnetic Strength.


Tokyo, Japan, Feb 15, 2007 - (JCN JCN Japan Corporate News
JCN Journal of Cognitive Neuroscience
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JCN joint communications network (US DoD) 
) - Hitachi Metals, Ltd. and NEOMAX Co., Ltd, announced February 14 that NEOMAX has established a system for the mass production of a new composition ferrite fer·rite  
n.
1. Any of a group of nonmetallic, ceramiclike, usually ferromagnetic compounds of ferric oxide with other oxides, especially such a compound characterized by extremely high electrical resistivity and used in computer memory
 magnet it has developed.

The magnetic strength of this magnet greatly exceeds that of what had been the most powerful magnet in the world. The new battery magnet contributes greatly to minimizing the size of motors.

With the development of this new ferrite magnet and the move to mass production, NEOMAX enhances its product lineup and reinforces its position as the world's strongest and largest manufacturer of magnets, including rare-earth magnets Rare-earth magnets are strong, permanent magnets made from alloys of rare earth elements. Rare-earth magnets are substantially stronger than ferrite or alnico magnets. The magnetic field typically produced by rare-earth magnets can be in excess of 1.2 teslas. , and alnico al·ni·co  
n.
Any of several hard, strong alloys of iron, aluminum, nickel, cobalt and sometimes copper, niobium, or tantalum, used to make strong permanent magnets.
 magnets.

NEOMAX was established following the merger of the magnetic materials Magnetic materials

Materials exhibiting ferromagnetism. The magnetic properties of all materials make them respond in some way to a magnetic field, but most materials are diamagnetic or paramagnetic and show almost no response.
 and applications operations of Hitachi Metals and Sumitomo Special Metals Co., Ltd. in April 2004.

Effective April 1, 2007, Hitachi Metals and NEOMAX have decided to merge forming a new entity with NEOMAX positioned as an internal company.

Copyright [c] 2007 Japan Corporate News Network. All rights reserved.
COPYRIGHT 2007 Japan Corporate News Network K.K.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:JCNN News Summaries
Date:Feb 23, 2007
Words:163
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