An international team of European and Japanese scientists led by the University of York has launched a €4.6m collaborative project funded by the European Commission (EC) and the Japanese Science and Technology Agency (JST) to develop new materials to replace the scarce metal Iridium commonly used in magnetic storage devices.
All spin electronic devices use an Iridium alloy, including hard disk drives and next-generation magnetic memories. Due to the scarcity of the metal and the increasing take up of these new technologies, the price of Iridium has begun to soar.
Read more about Developing New Cost-effective Materials for Magnetic Storage Devices
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