Method for producing a magnetic powder

A method for producing a magnetic powder, the method comprising:

• a) providing a waste magnetic material comprising a waste magnetic chemical composition;
• b) analysing the waste magnetic material to obtain the waste magnetic chemical composition thereof, wherein the waste magnetic chemical composition includes identities and/or relative proportions of chemical elements of which the waste magnetic material is composed;
• c) adjusting the waste magnetic chemical composition to a target magnetic chemical composition to obtain an adjusted waste magnetic material by at least one of:
• adding a difference amount of at least one chemical element to the waste magnetic material;
• or
• mixing the difference amount of the at least one of the chemical element and the waste magnetic material,
• wherein adjusting the waste magnetic chemical composition further comprises melting the difference amount of the at least one chemical element and the waste magnetic material;
• and
• d) atomizing the adjusted waste magnetic material obtained in act c) to obtain the magnetic powder,
• wherein adjusting the waste magnetic chemical composition to a target magnetic chemical composition to obtain an adjusted waste magnetic material in act c) further comprises the act of:
• c1) calculating at least one difference amount between at least one chemical element in the waste magnetic chemical composition and the at least one chemical element in the target magnetic chemical composition.