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Femtosecond laser excitation of ferromagnetic Ni opened up the field of ultrafast magnetism in the mid-1990's. However, it is only today that it has become possible to track the ultrafast energy flow between laser-heated electrons and lattice vibrations. Ultrafast electron scattering and first-principles calculations establish that the phonon system remains in a nonequilibrium state for many picoseconds and that it can even transfer energy back to the electrons.
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Maldonado et al. (2020) studied this question.
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