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Niron Magnetics
Niron Magnetics's Company Profile and Products
Overview
Niron Magnetics, founded in 2015 and headquartered in Minneapolis, Minnesota, is a manufacturer of high-performance permanent magnets.
Utilizing its Clean Earth Magnet technology based on Iron nitride, the company creates magnets with higher magnetization at a lower cost compared to traditional rare-earth magnets. It built magnets using sustainable raw materials like iron and nitrogen sourced globally. By merging innovative nanomaterial engineering with mature metallurgical methods, it delivers cost-effective solutions for consumer, industrial, and automotive applications. The company's patented process allows for precise crystal structure control, resulting in stronger magnets that enable innovative electric motor and generator designs.
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