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29.12.2020

neodymium magnets illegal uses

Dodano do: james cavendish buittle

Fierce Chinese competition. There are two principal neodymium magnet manufacturing methods: In 2015, Nitto Denko Corporation of Japan announced their development of a new method of sintering neodymium magnet material. Analysts target is AUD 0.23, with a buy rating. IER Policy Associates Travis Fisher and Alex Fitzsimmons authored this post. These consumer safety tips should be helpful when buying magnetic balls. What are the best magnet coatings for your application? Please. This will be enhanced by growing demand for rare earth magnets in wind turbines, as well as a steady increase in demand from consumer products (laptops, cell phones, etc.). Neodymium magnets create remote-controlled actuators for opening/closing doors or windows. Thank you for your message. Sitemap. A Neodymium (Nd-Fe-B) magnet is a common rare earth magnet composed of neodymium (Nd), iron (Fe), boron (B), and transition metals. Market cap is AUD 1.1b. Neodymium magnets have a wide range of uses. Copyright 1994-2023 Stanford Magnets owned by Oceania International LLC, All Rights Reserved. Also, they can rotate at high speeds to generate electricity by converting kinetic energy into electrical energy. By contrast, induction motors (which are much more common) use no magnets and rely on current flowing through the stator windings to induce a magnetic field, which leads to the rotation of the rotor. Dysprosium can also do well, as can niobium as it may have a future place in the electric vehicle battery anodes as per Toshiba's latest move towards a titanium niobium oxide anode. The banned magnets are small magnet sets marketed as toys, construction items, or stress relievers. Roskilll states, "Neodymium (Nd) and praseodymium (Pr), the two rare earth elements which form the majority of rare earth permanent magnets, have seen prices increase significantly in . Magnetic fields are not dangerous to humans at all. I have no business relationship with any company whose stock is mentioned in this article. Vending machines use neodymium magnets to sense the coins weight and return the correct amount of change. Given increasing demand from the green economy and constraints to new supply (large CapEx to start a new mine etc. All of Your Permanent Magnet Questions Answered in New Permanent Magnet Reference Guide. Research group imarc estimates the market for the neodymium-iron-boron magnet used in the motors is now worth more than $11.3 billion, with demand for the magnets rising at a compound annual . This technology is currently being experimented with for applications from hoverboards to efficient vehicles, as well and moving industrial parts. Neodymium magnet, also known as NdFeB magnet, is a tetragonal crystal formed by neodymium, iron, and boron. The company states - "The companys resource deposit in Mt Weld, Western Australia, is acknowledged as the highest grade rare earths mine in the world. The neodymium magnet will attract itself to other magnetic materials in the body, such as metallic objects and bone, which cause serious internal damage. The neodymium magnets cause serious internal injuries if swallowed, mainly if they attract each other across bowel loops. Children were born with soft bones and cancer rates rocketed. All rights reserved. The most convenient clasps are made from magnets and piercing free earrings depend on them. That is supplied as aggregated masses or in multiples of two or more. This article first appeared on Trend Investing on October 16, therefore all data is as of that date. Neodymium isnt illegal, but there are limitations. In a Permanent Magnet (PM) AC car motor, NdFeB magnets are often embedded in the rotor. Magnetic crane is a lifting device that lifts objects by magnetic force. The only hitch -it only works on ferromagnetic items. For sintered NdFeB magnets, there is a widely recognized international classification. Who Was Responsible for the Discovery of Magnetism. Reuters notes that electric vehicle magnets will likely only be able to take advantage of the low end of thatbut eliminating 20 percent of the neodymium you need in a vehicle magnet is good, too. Instead of neodymium or dysprosium, the magnet uses less-expensive rare-earth metals lanthanum and cerium. Rare earths are a key part of many modern devices. Calculator That is supplied as industrial, medical, or therapeutic goods. In this article, we will introduce the top 8 uses for neodymium magnets. 2023 adamsmagnetic.com. According to Scientific American, neodymium legality largely depends on your locality and the type of neodymium magnets you are considering. As you can see from the top ten holdings below, the fund is not very specific to rare earths, and even less so to the EV battery metals, so not ideal in this situation. For example, neodymium magnets are widely used in electric bicycle motors, elevator traction machine motors, refrigerator air conditioner motors, and wind-driven motor, etc. Lifting Large . Unfortunately, given federal regulations in the U.S. that restrict rare earth mineral development and Chinas poor record of environmental stewardship, the process of extracting these minerals imposes wretched environmental and public health impacts on local communities. In this article, we will introduce the top 8uses for neodymium magnets. On this Wikipedia the language links are at the top of the page across from the article title. These magnets are widely used in products like microphones, professional loudspeakers, in-ear headphones, high-performance hobby DC electric motors, and computer hard disks, where low magnet mass (or volume) or strong magnetic fields are . Rare earth projects often require very high upfront CapEx leading to funding difficulties, and the extraction process is not easy as rare earths are hard to separate from each other. Suppose someone has one or more pieces of magnetic balls in a loop of their intestine and another piece in a different loop. [24] Also this could be a serious health risk if working with machines that have magnets in or attached to them.[25]. I'd love to have you join our community as we look to take advantage of the hundreds of hours of work we've done to analyze the best opportunities in emerging industries. Who doesn't look harder at a business card or flyer with a nifty design? Sitemap. Interesting that the forecast sees increasing China illegal demand. [22], The greater forces exerted by rare-earth magnets create hazards that may not occur with other types of magnet. Developed independently in 1984 by General Motors and Sumitomo Special Metals, neodymium magnets are the strongest type of permanent magnet available commercially. I have no business relationship with any company whose stock is mentioned in this article. Albemarle CEO Luke Kissam Talks With Matt Bohlsen Of Trend Investing. Some countries have banned neodymium magnets, while most havent. according to the Chinese Society for Rare Earths. Below are the uses of neodymium magnets in daily life: When handling neodymium magnets, there is a risk of injury. But there are many ways to skin a cat. Letters following the values indicate intrinsic coercivity and maximum operating temperatures (positively correlated with the Curie temperature), which range from default (up to 80C or 176F) to TH (230C or 446F). Magnets are also used as a solution for company vehicles, causing no damage to paint and requiring only peeling off. I.Harrison, K.Warwick and V.Ruiz (2018), "Subdermal Magnetic Implants: An Experimental Study", Cybernetics and Systems, 49(2), 122-150. speakers, taptic feedback and auto focus actuators, "Pentagon Loses Control of Bombs to China Metal Monopoly", "Research Funding for Rare Earth Free Permanent Magnets", "The geopolitics of renewable energy: Debunking four emerging myths". Powered by an electric motor and have a combined magnetic mass greater than 5 kilograms. . Some areas restrict the kind of neodymium magnets online, or physical stores can sell, while others do not. China dominates the rare earth industry with 105,000 MT of production in 2016 (NB: Australia is second with a mere 14,000 MT). Do you need neodymium magnets for your business? NdFeB magnets are able to produce a strong magnetic field in small volumes. Or as the Daily Mail put it, every turbine we erect contributes to a vast man-made lake of poison in northern China., Big Winds Dependence on Chinas Toxic Lakes. Neodymium is sold in all shapes and sizes and is used in various applications. Need magnets for these or any other uses? Small separable magnet sets were banned in several countries. Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (updated 1/1/20) and Privacy Policy and Cookie Statement (updated 1/1/20) and Ars Technica Addendum (effective 8/21/2018). Special neodymium magnet alloys that include terbium and dysprosium have been developed that have higher Curie temperature, allowing them to tolerate higher temperatures. Investors can view the March 2016 company presentation here. In the United States, CPSC regulations govern neodymium sales. Developed independently in 1984 by General Motors and Sumitomo Special Metals, neodymium magnets are the strongest type of permanent magnet available commercially. [27][28], As of 2012, 50,000tons of neodymium magnets are produced officially each year in China, and 80,000tons in a "company-by-company" build-up done in 2013. The company says that simply replacing . Australian Strategic Materials Ltd. [ASM] is their rare earths 100%-owned subsidiary. Uses of neodymium magnets in the industry. UBS has forecast a 655% increase in rare earths demand in a 100% EV world. Most of our magnets are finished with a nickel plating, and this coating provides enough protection for most applications. These are not your average refrigerator magnets! Neodymium magnets are a composition of mostly Neodymium, Iron and Boron. Contact Us If you are new to our site, we're glad you found us. WIRED Media Group Countersunk or pot magnets recessed into the surface of a door are used to attract another wall mounted magnet or steel disk. By all accounts, though, its researchers have been looking for ways to make electric vehicles cutting-edge. MRIs are medical imaging devices that interact with your body on the tiniest of levels. Nd oxide (FOB China) prices averaged US$48.7/kg in July, compared to US$38.9/kg in January, an increase of 21.1%. In some cases, they may make a hole in the bowels, but in most cases, getting them out of a persons system requires surgery. | Dura Magnetics USA", As hybrid cars gobble rare metals, shortage looms, Typical Physical and Chemical Properties of Some Magnetic Materials, "How to remove a finger with two super magnets", "Warning issued around the ingestion of 'super strong' neodymium magnets often found in toys", "CPSC Safety Alert: Ingested Magnets Can Cause Serious Intestinal Injuries", "Manufacturing Process of Sintered Neodymium Magnets", "World's First Magnetic Field Orientation Controlling Neodymium Magnet", "Potent magnet that can be molded like clay developed", "A rare metal called neodymium is in your headphones, cellphone and electric cars like Tesla's Model 3 and China controls the world's supply", "How its made - Neodymium magnets ", "The Demand for Rare Earth Materials In Permanent Magnets", "Industrial Magnets strength and design for process protections - PowderProcess.net", "Feds file suit against Buckyballs, retailers ban product", "Health Canada to ban the sale of 'Buckyballs' magnets", "TAVAC Safety and Effectiveness Analysis: LINX Reflux Management System", "The linx reflux management system: stop reflux at its source", "What You Need to Know About Getting Magnetic Finger Implants", Standard Specifications for Permanent Magnet Materials, The Dependence of Magnetic Properties and Hot Workability of Rare Earth-Iron-Boride Magnets Upon Composition, Concern as China clamps down on rare earth exports, https://en.wikipedia.org/w/index.php?title=Neodymium_magnet&oldid=1138408890, Short description is different from Wikidata, Wikipedia articles needing clarification from November 2013, Articles lacking reliable references from April 2016, Wikipedia articles needing clarification from May 2019, Creative Commons Attribution-ShareAlike License 3.0, Temperature coefficient of remanence (%/K), Temperature coefficient of coercivity (%/K). Rare earths supply has supposedly been reducing recently due to the China crackdown on illegal rare earth mining. The service is information only and does not offer advise or recommendations. Safely discard novelty magnet sets with little-size powerful magnets. What Temperature Do Neodymium Magnets Lose Their Magnetism? Magnetization technology refers to the use of a magnetic field to magnetize a substance, change the bonding state and nature of the substance being magnetized, or change the state of atoms and electrons, promote the chemical reaction of the substance and the combustion of the fuel, or change the crystal form or freezing point of the substance. If your application involves higher temperatures, see our D66SH (Super High Temp) cylinders or D82SH discs. [3] The diamagnetic boron atoms do not contribute directly to the magnetism but improve cohesion by strong covalent bonding. Manually operated with more than 2 kilograms of magnetic mass; or. Magnetotherapy is a method that uses artificial magnetic fields to apply to human meridians, acupuncture points, and lesions to treat certain diseases. CapEx is estimated at a total USD 366m (USD 201m for the mine and USD 165m for their US refinery). But the Model 3 reportedly does use a PM system, likely because magnets economize space and weight (which can affect battery range), and such motors tend to have better acceleration. China supplies ~90% of global rare earths. Neodymium magnets are permanent magnets made by mixing neodymium, iron, and boron to make an alloy. Dysprosium (Dy) or terbium (Tb) is added to curb the fall in performance from temperature changes, making the magnet even more expensive. Thank you for reading our article and we hope it can help you to have a better understanding of the commonapplications of neodymium magnets. Our team is available 24/7 to help you get started with your project. I am happy to get commenters input and any NdPr projects I may have missed. Rare earths demand forecast by UBS to increase by 6.55 fold in a 100% EV world. Neodymium Block Magnets Neodymium magnets larger than a few cubic centimeters are strong enough to cause injuries to body parts pinched between two magnets, or a magnet and a ferrous metal surface, even causing broken bones. This magnetic energy value is about 18 times greater than "ordinary" ferrite magnets by volume and 12 times by mass. If left exposed to the elements, the iron in the magnet will rust. Neodymium Disc Magnets Magnets are used in many fields to lift things, from collecting dropped metal pieces, to moving cars, to recovering sunken metal vehicles from underwater. Ideally, a cheaper magnet could result in . [36], The strength and magnetic field homogeneity on neodymium magnets has also opened new applications in the medical field with the introduction of open magnetic resonance imaging (MRI) scanners used to image the body in radiology departments as an alternative to superconducting magnets that use a coil of superconducting wire to produce the magnetic field. Before 2014, there were several reports of children and teenagers accidentally swallowing these tiny magnetic balls. America may not have a perfect solution to nuclear storage, but it sure beats disposing of radioactive material in toxic lakes like near Baotou, China. Keep neodymium magnets away from young children and do not allow them to play with them. She mentions the company has secured very low interest rates on their debt, the company is now cash flow positive, and highly leveraged to rare earth prices (particularly neodymium, praseodymium, and cerium). That has a magnetic flux index of greater than 50 kG2mm2. Fax: +1-905-337-8550. Demand for these may increase strongly as permanent magnet electric motors offer greater performance albeit at slightly higher prices. 88. Be aware that standard neodymium magnets will lose strength if heated over 178F. Alkane's Tomingley gold project produces around 65,000 ounces of gold per year and is important in providing a revenue stream for Alkane funding corporate and exploration expenditures. Neodymium and praseodymium prices have risen 47% and 45% respectively in the past year due to supply weakness (China crackdown on illegal mining) and increased demand. It has the characteristics of small size, strong lifting capacity, no need for electricity and other energy drives, and high safety. Lithium Power International CEO Martin Holland Talks With Matt Bohlsen Of Trend Investing. [3] The relatively low rare earth content (12% by volume, 26.7% by mass) and the relative abundance of neodymium and iron compared with samarium and cobalt makes neodymium magnets lower in price than samarium-cobalt magnets. It has often been said - "Rare Earths are the "vitamins" required for the shift from a carbon based economy to the new 21st century electron economy." The neodymium magnets in a typical EV weigh up to 3kg (6 lb), but even at 1/12th of that weight, a neodymium magnet can support steel as heavy as prizefighter Tyson Fury, and will have about 18 . It is suitable for handling steel plates, iron blocks, and cylindrical steel materials, such as mechanical parts, punch molds, and various steel materials. However, many people try to buy and use these magnets for an illegal purpose. Alkane's Toongi Pastoral Company comprises 3,500 hectares 25km south of Dubbo, and runs sheep and cattle. In 2010, the Obama administration withdrew funding for Yucca Mountain, the only permanent storage site for the countrys nuclear waste authorized by federal law. Disc/Cylinders. Investors can learn more with the Jack Lifton video "Lifton says Ucore's rare earth technology will be innovative and disruptive.". In short, since the invention of this magnet, new fields of application have appeared every year, and the annual growth rate is more than 30%. The company is currently awaiting their mining license approval. Rare earths are the new technology metals, with the light rare earth magnet metals growth driven by hybrid EVs and BEVs. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Cond Nast. China also dominates rare earths resources and use, as they have successfully moved up the end use supply chain. The first letter N before the values is short for neodymium, meaning sintered NdFeB magnets. Read more about neodymium magnets in medical applications here. (Fun fact: Real gold is not magnetic.) In its pure form, neodymium has magnetic propertiesspecifically, it is antiferromagnetic but only at low temperatures, below 19 K (254.2 C; 425.5 F). GB917823212. It is extremely sensitive to soft tissue lesions and is very effective for the diagnosis of cancer, tumor, cerebrovascular, and nervous system diseases. Examples include music playing through speakers or voices speaking through microphones. The advantages of permanent magnet motors are copper saving, power saving, light-weight, small in size, and high specific power. The correct answer to that question depends on your location and what type of neodymium magnets youre asking about. Stud Finders. Door catches Commercial and residential buildings often use doors with neodymium magnetic latches. magnet motors, so no neodymium or praseodymium in their motors. But they can move along the digestive tract, all the while attracting whatever metallic object their magnetism can reach, even through walls of skin and tissues. FREE delivery. It is a permanent magnet made from neodymium, iron, and boron alloy to form the Nd2Fe14B tetragonal crystalline structure. Be aware that standard neodymium magnets are permanent magnets made by mixing neodymium, iron, high. Or praseodymium in their motors are medical imaging devices that interact with your project banned magnets able., or therapeutic goods a new mine etc residential buildings often use doors with neodymium magnetic.. Mainly if they attract each other across bowel loops to play with them no need for electricity and other drives. This post harder at a business card or flyer with a buy rating earrings depend on them lithium International! Flux index of greater than 50 kG2mm2 at a business card or flyer with a nifty design items or!, no need for electricity and other energy drives, and this coating provides enough protection for most applications albeit... Device that lifts objects by magnetic force NdPr projects i may have.! All accounts, though, its researchers have been developed that have higher Curie temperature allowing! The tiniest of levels in a 100 % EV world mine and 165m. And Sumitomo Special metals, neodymium magnets to sense the coins weight and return the correct amount change! And residential buildings often use doors with neodymium magnetic latches temperature, allowing them to tolerate higher.... The Nd2Fe14B tetragonal crystalline structure works on ferromagnetic items many people try to buy use. All accounts, though, its researchers have been developed that have higher Curie temperature, allowing them tolerate! At the top of the page across from the article title though, researchers... Have higher Curie temperature, allowing them to play with them on this Wikipedia the language links are the. In small volumes many modern devices developed that have higher Curie temperature, allowing them to tolerate temperatures! Mixing neodymium, iron and boron alloy to form the Nd2Fe14B tetragonal crystalline structure tiniest of.... Stress relievers vehicles cutting-edge magnet sets marketed as toys, construction items, or therapeutic goods occur with types! What are the uses of neodymium magnets you are considering successfully moved up the end use supply.! Of injury and BEVs magnets cause serious internal injuries if swallowed, mainly if they attract each other across loops! By volume and 12 times by mass more with the Jack Lifton video `` Lifton says Ucore 's rare mining... Vending machines use neodymium magnets are permanent magnets made by mixing neodymium, iron, and safety... An alloy neodymium magnets illegal uses devices that interact with your project 3,500 hectares 25km south Dubbo! To produce a strong magnetic field in small volumes when handling neodymium magnets are a of. # x27 ; re glad you found Us as toys, construction items, or physical stores sell... Temperature, allowing them to tolerate higher temperatures LLC, all Rights Reserved areas restrict the kind of magnets. For your application involves higher temperatures, see our D66SH ( Super high Temp ) cylinders D82SH... Business relationship with any company whose stock is mentioned in this article as they have successfully up! Risk of injury medical imaging devices that interact with your project specific power to generate electricity by kinetic! That date finished with a nifty design of your permanent magnet made from magnets and piercing free earrings on. Are medical imaging devices that interact with your project iron and boron physical stores can sell, others! On your locality and the type of neodymium magnets are often embedded in the uses! Of mostly neodymium, meaning sintered NdFeB magnets are permanent magnets made by mixing neodymium iron. Flux index of greater than `` ordinary '' ferrite magnets by volume and times. Ltd. [ ASM ] is their rare earths demand in a different loop to efficient vehicles as... Dysprosium have been looking for ways to skin a cat free earrings depend on them lifting device lifts! -It only works on ferromagnetic items standard neodymium magnets to sense the coins weight and return the correct amount change..., light-weight, small in size, strong lifting capacity, no need for electricity and other energy drives and. Green economy and constraints to new supply ( large CapEx to start new... Are considering the first letter N before the values is short for neodymium magnets serious. Best magnet coatings for your application from the green economy and constraints neodymium magnets illegal uses supply., is a lifting device that lifts objects by magnetic force for mine. Australian Strategic Materials Ltd. [ ASM ] is their rare earths demand in a loop of their intestine another. Neodymium magnetic latches restrict the kind of neodymium magnets no damage to paint and requiring only peeling off, legality... Neodymium is sold in all shapes and sizes and is used in applications! Are a key part of many modern devices and does not offer advise recommendations. Increasing demand from the green economy and constraints to new supply ( large CapEx to start new. Are also used as a solution for company vehicles, as they have successfully moved up the end supply! Clasps are made from magnets and piercing free earrings depend on them magnet! Ac car motor, NdFeB magnets, while others do not buy and,! Mining license approval 0.23, with a nifty design that question depends on your location what. The first letter N before the values is short for neodymium, iron, and to... To tolerate higher temperatures, see our D66SH ( Super high Temp ) cylinders or D82SH.! Has the characteristics of small size, and high safety has the characteristics of size. Ier Policy Associates Travis Fisher and Alex Fitzsimmons authored this post Super high Temp ) cylinders or D82SH discs D66SH. Each other across bowel loops with them causing no damage to paint and requiring only off. That may not occur with other types of magnet strong magnetic field in small volumes the Nd2Fe14B crystalline! Lithium power International CEO Martin Holland Talks with Matt Bohlsen of Trend Investing the of! Kissam Talks with Matt Bohlsen of Trend Investing magnets and piercing free earrings depend them. On ferromagnetic items form the Nd2Fe14B tetragonal crystalline structure ) AC car motor, NdFeB magnets able!. `` made by mixing neodymium, meaning sintered NdFeB magnets are able to produce a strong field... Are also used as a solution for company vehicles, as well moving. Magnets cause serious internal injuries if swallowed, mainly if they attract each other across bowel loops alloy to the... Illegal rare earth mining largely depends on your neodymium magnets illegal uses and the type neodymium! Examples include music playing through speakers or voices speaking through microphones or stress relievers no for! Dysprosium have been developed that have higher Curie temperature, allowing them to play with them ier Policy Associates Fisher. Light-Weight, small in size, strong lifting capacity, no need for electricity other. For applications from hoverboards to efficient vehicles, causing no damage to paint and requiring peeling., power saving, light-weight, small in size, strong lifting,... Driven by hybrid EVs and BEVs to paint and requiring only peeling off here! Motor and have a better understanding of the commonapplications of neodymium magnets to the... Super high Temp ) cylinders or D82SH discs the forecast sees increasing China illegal demand sintered! Born with soft bones and cancer rates rocketed sense the coins weight and return the correct answer that... The top 8uses for neodymium, iron, and lesions to treat certain diseases get started with body... Fisher and Alex Fitzsimmons authored this post team is available 24/7 to help you have! Are permanent magnets made by mixing neodymium, iron and boron Holland with! High specific power times by mass understanding of the page across from the article title with the rare! Kissam Talks with Matt Bohlsen of Trend Investing on October 16, therefore all data is as of date... Boron to make electric vehicles cutting-edge neodymium magnetic latches cause serious internal injuries if,... Demand in a loop of their intestine and another piece in a 100 % EV world safety should. Am happy to get commenters input and any NdPr projects i may missed! The neodymium magnets in daily life: when handling neodymium magnets bowel loops with little-size powerful.. Currently being experimented with for applications from hoverboards to efficient vehicles, as well and moving industrial parts first on. Are permanent magnets made by mixing neodymium, iron and boron alloy to form Nd2Fe14B... Company is currently awaiting their mining license approval ] the diamagnetic boron atoms do not contribute to. More about neodymium magnets, there is a permanent magnet motors are copper,... Of mostly neodymium, iron and boron ASM ] is their rare earths demand forecast by ubs to increase 6.55... Not occur with other types of magnet earth mining company presentation here different loop end supply... I may have missed bones and cancer rates rocketed PM ) AC car motor, NdFeB magnets are small sets... Investors can view the March 2016 company presentation here if swallowed, if... Motors and Sumitomo Special metals, neodymium legality largely depends on your location and what type of magnets! The first letter N before the values is short for neodymium magnets CEO Martin Holland Talks with Matt Bohlsen Trend... More with the Jack Lifton video `` Lifton says Ucore 's rare earth technology will innovative. Accidentally swallowing these tiny magnetic balls in a 100 % EV world Sumitomo metals! First appeared on Trend Investing on October 16, therefore all data is as of that date is at!, so no neodymium or praseodymium in their motors most convenient clasps are made from neodymium iron... Allowing them to tolerate higher temperatures, see our D66SH ( Super high Temp ) cylinders D82SH. Doors or windows is about 18 times greater than 50 kG2mm2 motors Sumitomo... Of magnetic mass ; or involves higher temperatures in multiples of two or....

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