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What are Neodymium Magnets? Neodymium magnets are often referred to “NdFeb” or "Neo". First discovered in 1982 and commercially available in 1984 Neodymium magnets have largely become the most widely used type of rare earth magnet around the world. They are manufactured from an alloy of neodymium…

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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 to form the Nd 2 Fe 14 B tetragonal crystalline structure. Developed independently in 1984 by General Motors and Sumitomo Special Metals, neodymium magnets are the strongest type of permanent magnet …

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