If this works as they say, bye-bye to NdPr in the EV motors and wind turbines:
https://www.zerohedge.com/news/2019...ims-have-developed-holy-grail-electric-motors
“The Hunstables add that with 45 percent of the world’s electricity eventually flowing through an electric motor, decisive gains in power and efficiency could have untold benefits in energy savings and performance. One example: The company estimates that, in a large, 8-megawatt wind turbine, the HET could save 80 metric tons of weight, millions of dollars in costs, and lift efficiency by 3 percent.”
https://spectrum.ieee.org/cars-that...-efficiency-of-evs-scooters-and-wind-turbines
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