Changes in chemistry are currently 1-in-a-million due to the large upfront infrastructure expenditure required to get anything off the ground - or even to the proof of concept stage. This includes even if you are affiliated with a university.
Thus we see dozens of such reports on PhysOrg every month - but what is needed is more attention from mainstream industry and venture capitalists towards innovation and a desire to make radical breakthroughs with the belief that it can and should be done. For some reason the mainstream has begun to think that evolution of technology on this planet has completed its process and theres nowhere further to go. On Thu, Mar 10, 2011, Jed Rothwell wrote: > A group in Japan has come up with nano-particle based magnets mainly made > from Fe. Supposedly they are as strong as rare-earth magnets, without the > rare earths. The design was proposed theoretically decades ago. It has only > now become practical. > > I just wrote that from memory. The story was reported on NHK about a week > ago. I cannot find any details. > > - Jed > >

