In a new study, materials scientists from Duke University provide a shortcut in this process. They show the capability to predict magnetism in new materials through computer models that can screen hundreds of thousands of candidates in short order. And, to prove it works, they've created two magnetic materials that have never been seen before.
"The first alloy is particularly interesting," reports the International Business Times, "because it contains no rare-earth materials, which are both expensive and difficult to acquire." But a Duke mechanical engineering professor points out that "It doesn't really matter if either of these new magnets proves useful in the future. The ability to rapidly predict their existence is a major coup and will be invaluable to materials scientists moving forward."