2007 News Release
February 14
Hitachi Metals, Ltd.
NEOMAX Co., Ltd.
Development of a New Ferrite Magnet
with the World's Highest Magnetic Strength
Tokyo,
Japan, February 14, 2007— Hitachi Metals, Ltd. and
NEOMAX Co., Ltd (hereinafter, NEOMAX) announced today that
NEOMAX Co., Ltd. is the world’s leading company in
the manufacture of high-performance ferrite
magnets*1 that are used in motors for automotive electrical
equipment and motors for household electrical appliances.
NEOMAX would like to announce that a system has been established
for the mass production of the new composition ferrite
magnet it has developed. The magnetic strength of this
magnet greatly exceeds that of what had been the
most powerful magnet in the world*2. The new battery
magnet contributes greatly to minimizing the size of motors. |
* NEOMAX was established following the merger of the magnetic materials 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. |
1. Background and overview
Ferrite magnets, which are a type of permanent magnet, are used
in many of the motors for automotive electrical equipment, and
in such household electronic products as air conditioners and refrigerators.With
ferric oxide the main constituent, the raw materials for these
magnets are easy to obtain. This makes superior cost performance
an important feature of this product. These products are so commonly
used that, by weight, they account for approximately 80% of domestic
production of magnets. They play a very important role in the global
economy.
As seen in recent moves made in the area of protecting the global
environment, industries are being called on to make automobiles
and consumer electronic products significantly lighter, more compact,
and more energy-efficient.Smaller motors that use energy with high
efficiency are needed to meet these requirements. The performance
of the magnets used in motors is a key factor in their efficiency.For
this reason, magnets are generally required to be small, yet powerful,
and have superior magnetic characteristics.Currently, the most
powerful magnets in the world are neodymium-iron-boron magnets,
but the need is also great for ferrite magnets that have merits
not found in neodymium-iron-boron magnets. This means that magnets
with even greater magnetic characteristics are in demand.To meet
the needs of this market, NEOMAX has applied the knowledge and
development power it has acquired as a general maker of magnets
to the development of a new ferrite magnet. This successful development
is greatly superior to conventional ferrite magnets in terms of
magnetic strength. The company has also established a system for
the mass production of this new magnet.
2. The new ferrite magnet
The ferrite magnet that previously had the best magnetic characteristics was also developed by Hitachi Metals (whose Magnet Division was integrated with NEOMAX in 2004) in 1998. This was the Lanthanum-Cobalt (La-Co) substituted strontium (Sr) ferrite magnet (9B series)*5. The company’s new ferrite magnet (12B series) is greatly superior to this earlier product. Among ferrite magnets, it provides the world’s best magnetic characteristics. At the same time, it is hard to demagnetize at low temperatures. This is truly an innovative ferrite magnet. These superior characteristics contribute to gains in energy-efficiency and further reductions in the size of many types of devices. For this reason, this product is expected to become the main type of ferrite magnet used from now on.
3. Features of the new ferrite magnet
(1) | Its superior magnetic characteristics make smaller, lighter,
and thinner motors possible.
|
Graph 1: Distribution of Magnetic Characteristics Reference data
Graph 2: Temperature Coefficient of Intrinsic Coercive Force Reference data
(2) | It uses a mass production process similar to that used for
conventional materials
|
4. Patents
5. Sales plan
2 billion yen/year in fiscal 2010
5 billion yen/year in fiscal 2012
6. Manufacturing Bases
Customer Inquiries: | ||
Eiji Sakaguchi Engineering Department Magnetic Appliances Business Headquarters NEOMAX Co., Ltd. Facsimile: +81-75-961-4038 Masaru Koizumi Planning Department Magnetic Appliances Business Headquarters NEOMAX Co., Ltd. Facsimile: +81-3-5326-2092 |
||
Press Inquiries: | ||
Akio Minami Corporate Communications Div., Hitachi Metals, Ltd. Telephone: +81-3-5765-4079 Facsimile: +81-3-5765-8312 |
Reference: Explanation of Terms