PASSENGER Intelligence Bulletin #13: Standardisation and Rare-Earth-free Permanent Magnets

Using standards and creating new ones is essential for turning innovations into real market success and making industry more sustainable in the long term. Many studies clearly show how important this is.Anyone developing new technologies, materials, or applications can benefit greatly from standards. In fact, using them can be a key factor in whether an innovation thrives or fails.Although there’s no fully mature set of standards specifically for Rare Earth-free Permanent Magnets (RE-Free PMs), some related shifts are underway. For example, the Critical Raw Materials Act1 in the EU is pushing for reduced dependency on rare earths, broader material substitution, and will most likely incentivize standards and certification related to RE-free options.This intelligence bulletin aims to shed light on the current standardisation activities related to permanent magnets and to identify potential opportunities for the development of standards addressing rare-earth-free permanent magnets.