New Shark defense technology may help sharks and humans

According to the BBC Eric Stroud, a chemist from the USA has been having success using rare earth coated magnets as a shark repellent and is testing the magnetic alloy on fishing hooks with some success.   According to the BBC some tests using these hooks are showing a sixty to seventy percent drop in the (accidental) shark catch by comercial fishermen.  heres a link to the article.  http://www.bbc.co.uk/news/magazine-17792624