Broken Hill global cobalt province., page-1556

The findings highlight the critical role of Ir in enhancing the magnetic properties of Fe-Co-Ir alloys," notes Asst. Prof. Yamazaki. "Our efficient, high-throughput materials evaluation workflow and theoretical analysis method will serve as a foundation for designing high-performance ferromagnetic materials. This could lead to the development of highly efficient electric motors and next-generation high-density data storage devices, which could ultimately reduce environmental impact and contribute to a more sustainable society," he concludes.QUOTE
AI is changing the market demand for innovative technologies use of critical materials including cobalt usage IMO

https://www.technologynetworks.com/applied-sciences/news/researchers-uncover-the-magnetic-mechanisms-of-iron-cobalt-alloys-397264