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 Nd2Fe14B tetragonal crystalline structure. Developed independently in 1984 by General Motors and Sum...
Neodymium magnets, also known as rare-earth magnets, have become increasingly important in many areas of modern technology due to their exceptional magnetic properties. These magnets are widely used in a variety of industries, including electronics, medical devices, aerospace, and renewable energ...
The global neodymium market size was valued at USD 2.07 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 15.0% from 2022 to 2030. The market is anticipated to be driven by the increasing usage of permanent magnets in the automotive industry. Neodymium-iron-boro...
Neodymium is a rare earth metal component mischmetal (mixed metal) which can be used to create powerful magnets. Neodymium magnets are the strongest known relative to their mass, with even small magnets able to support thousands of times their own weight. Although a “rare” earth metal, neodymium ...