Scientific breakthrough with mysterious cosmic metal could solve major crisis on Earth: ‘There’s been an urgent search’::“This result represents a total change in how we think about this material."
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TL;DR: Magnets. China makes almost all of them so any time we see something that might replace rare earth metals we get excited. In this case because a group made improvements to our ability to synthesize tetrataenite, an iron-nickel alloy, by adding phosphorus.