Neodymium Magnet

A neodymium magnet (also known as NdFeB, NIB or Neo magnet) is the most widely used type of rare-earth magnet. It is a permanent magnet made from an alloy of neodymium, iron, and boron. Part of the Rare-Earth magnet family, they have the highest magnetic properties of all permanent magnets. Due to their high magnetic strength and relatively low-cost, they are the preferred choice for many consumer, commercial, industrial and technical applications.