In a breakthrough new study, scientists and engineers at the University of Minnesota have electrically transformed the abundant and low-cost non-magnetic material iron sulfide, also known as "fool's gold" or pyrite, into a magnetic material.

This is the first time scientists have ever electrically transformed an entirely non-magnetic material into a magnetic one, and it could be the first step in creating valuable new magnetic materials for more energy-efficient computer memory devices.

The research is published in Science Advances, a peer-reviewed scientific journal published by the American Association for the Advancement of Science (AAAS).

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