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LG Innotek develops new magnets for steering motors

LG Innotek Co., Ltd. (LG Innotek) announced that it has developed a new eco-friendly magnet jointly with a South Korean magnet company, Sunglim Group Industry. This product significantly reduced the use of heavy rare earth (HRE) metals by 60% compared to the previous product. Also, it has raised the magnetic performa....

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