This picture is from a model of how the earth's magnetic field is generated.
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Glaztmeir and Roberts of LANL
The Generation of Neptune's Magnetosphere
Magnetospheres are generated with magnetic materials and motions within the magnetic material. Scientists believe that as long as a planet or star has these two ingredients it can generate a magnetic field.
The terrestrial planets generate magnetospheres within the iron cores at their centers. However, Neptune has almost no iron core.
The magnetic material of Neptune is found within its icy shell. Motions within that shell produce Neptune's medium sized magnetosphere.
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