In this paper, we report that the thermal conductivity (TC) of heat transfer nanofluids containing Ni coated single wall carbon nanotube can be enhanced by applied magnetic field. A reasonable explanation for these interesting results is that Ni coated nanotubes form aligned chains under applied magnetic field, which improves thermal conductivity via increased contacts. On longer holding in magnetic field, the nanotubes gradually move and form large clumps of nanotubes, which eventually decreases the TC. When we reduce the magnetic field strength and maintain a smaller field right after TC reaches the maximum, the TC value can be kept longer compared to without magnetic field. We attribute gradual magnetic clumping to the gradual cause of the TC decrease in the magnetic field. We also found that the time to reach the maximum peak value of TC is increased as the applied magnetic field is reduced. Scanning electron microscopy images show that the Ni coated nantubes are aligned well under the influence of a magnetic field. Transmission electron microscopy images indicate that nickel remains attached onto the nanotubes after the magnetic field exposure.

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