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INNOVATION
Improved Sr-ferrite powder precursor for REE-free permanent magnets
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Market Maturity: Market Ready
These are innovations that are outperforming in innovation management and innovation readiness, and are considered to be "Ready for the market". Learn more
Market Creation Potential
This innovation was assessed by the JRC’s Market Creation Potential indicator framework as having a Noteworthy” level of Market Creation Potential. Only innovations that are showing multiple signals of market creation potential are assigned a value under this indicator system. Learn more
Women-led innovation
A woman had a leadership role in developing this innovation in at least one of the Key Innovator organisations listed below.
Go to Market needs
Needs that, if addressed, can increase the chances this innovation gets to (or closer to) the market incude:
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Location of Key Innovators developing this innovation
Key Innovators
UN Sustainable Development Goals(SDG)
This innovation contributes to the following SDG(s)
SUSTAINABLE DEVELOPMENT GOAL 8
Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all

The UN explains: "Roughly half the world’s population still lives on the equivalent of about US$2 a day. And in too many places, having a job doesn’t guarantee the ability to escape from poverty. This slow and uneven progress requires us to rethink and retool our economic and social policies aimed at eradicating poverty."

SUSTAINABLE DEVELOPMENT GOAL 9
Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation

The UN explains: "Investments in infrastructure – transport, irrigation, energy and information and communication technology – are crucial to achieving sustainable development and empowering communities in many countries. It has long been recognized that growth in productivity and incomes, and improvements in health and education outcomes require investment in infrastructure."

SUSTAINABLE DEVELOPMENT GOAL 12
Ensure sustainable consumption and production patterns

The UN explains: "Sustainable consumption and production is about promoting resource and energy efficiency, sustainable infrastructure, and providing access to basic services, green and decent jobs and a better quality of life for all. Its implementation helps to achieve overall development plans, reduce future economic, environmental and social costs, strengthen economic competitiveness and reduce poverty.

The EU-funded Research Project
This innovation was developed under the Horizon 2020 project PASSENGER with an end date of 30/04/2025
  • Read more about this project on CORDIS
Description of Project PASSENGER
PASSENGER addresses to the topic CE-SC5-10-2020 on raw materials innovation under subtopic d) Pilots on substitution of critical and scarce raw materials (2020). PASSENGER aims to develop innovative pilots to address an aspect of high economical, technological, social and environmental relevance: a solution for the EU dependency on rare-earths (REs) for permanent magnets (PMs), avoiding bottlenecks in the material supply-chain and diminishing the environmental impact. Considering the importance of PMs in present and emerging technologies, PASSENGER will develop up scaled alternatives based on widely available resources and innovative technologies. PASSENGER has a clear industrial orientation involving key end users and SMEs/LEs (13 industrial partners) from 8 EU countries. PASSENGER will develop a sustainable substitution pilot in PMs subdivided in 8 innovative pilot activities covering the complete value chain to finish at TRL7 and to guarantee implementation across the EU after the project is finished. The choice of PMs is based on realistic (envisioned up-scaling, low cost and environmental impact) projects results and patents (proven at TRL 4-5) achieved by the partners in successful EU projects: Improved Strontium ferrite (Sr-ferrite), Manganese-Aluminum-Carbon (MnAlC) and related technologies. These RE-free PM alternatives will substitute bonded NdDyFeB-magnets, which are constituted by diverse critical raw materials: REs (Nd and Dy, and Pr in some compositions); Metal (Cobalt). Electromobility has been chosen as a main key-driving sector with three application areas: Class 1: e-scooter; Class 2: e-bikes and e-motorbikes; Class 3: e-cars. The project will be done under premises of sustainability and reduced environmental impact, including Standardisation activities, Life Cycle Assessment (LCA) and Life Cycle Cost (LCC) analysis, recyclability and social-life cycle assessment of PASSENGER’s products and technologies.

Innnovation Radar's analysis of this innovation is based on data collected on 01/12/2022.
The unique id of this innovation in the European Commission's IT systems is: 110302