Magnetic materials
Niron Magnetics
Niron Magnetics grew out of research at the University of Minnesota on iron nitride, a compound whose magnetism had been known since the 1950s but which nobody could reproduce reliably at scale. Because iron and nitrogen are abundant, a working magnet would sidestep Chinese control of rare earths entirely. Its magnets hold their strength below roughly 200 degrees Celsius, so early uses are speakers and headphones rather than traction motors.
CEO Jonathan Rowntree · Founded 2014 · HQ Minneapolis, Minnesota, United States · Website nironmagnetics.com
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Predictions & track record (1)
- Awaiting grading What turned MP profitable was not magnet sales but a shortfall the Pentagon paid in cashTo be scored on whether MP Materials' 10X facility has entered 10,000-tonne-a-year magnet production by the end of 2028.
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- Watch What turned MP profitable was not magnet sales but a shortfall the Pentagon paid in cash 메르 (ranto28) · 2026-08-12