Neo Performance Materials. has been granted a patent for a method of producing magnetic material. The process involves melting a mixture of alloys, rapidly solidifying it through melt-spinning, and refining the grain size of the resulting metallic ribbon using a coolant delivery system to ensure uniformity. GlobalData’s report on Neo Performance Materials gives a 360-degree view of the company including its patenting strategy. Buy the report here.

According to GlobalData’s company profile on Neo Performance Materials, Solvent extraction processes was a key innovation area identified from patents. Neo Performance Materials's grant share as of July 2024 was 40%. Grant share is based on the ratio of number of grants to total number of patents.

Method for producing magnetic material using melt-spinning process

Source: United States Patent and Trademark Office (USPTO). Credit: Neo Performance Materials Inc

The patent US12033794B2 outlines a method for producing magnetic materials through a series of precise steps aimed at achieving a high-quality final product. The process begins with the provision of a mixture of alloys, which is then melted to create a molten mixture. This molten alloy undergoes a melt-spinning process within a controlled chamber, where it is rapidly solidified using a rotatable wheel, resulting in a preliminary metallic ribbon. The method emphasizes the importance of grain size refinement and uniformity, achieved by delivering a coolant to both the top and bottom sides of the ribbon. This cooling process is critical for maintaining consistent internal pressure and temperature conditions within the chamber, which are essential for the desired material properties.

The claims further specify that the coolant may include noble gases in liquid form, such as liquid argon or helium, and detail the target grain sizes for the final metallic ribbon, with averages less than 45 nm for the central portions. The method also stipulates that the differences in grain size between the central and edge portions of the ribbon should be minimal, ensuring uniformity across the material. Additionally, the mixture of alloys is defined to include rare earth elements and other specified metals, enhancing the magnetic properties of the final product. Overall, the patent presents a comprehensive approach to producing advanced magnetic materials with controlled microstructural characteristics, which could have significant applications in various technological fields.

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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.