Ring Sintered 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 Ferrite Magnet made from an  alloy of neodymium,iron and and boron to form the Nd2Fe14B tetragonal crystalline structure.Developed independently in 1984 by General Motors and Sumitomo Special Metals,neodymium magnets are the strongest type of permanent magnet available commercially. NdFeB magnets can be classified as sintered or bonded, depending on the manufacturing process used.They have replaced other types of magnets in many applications in modern products that require strong permanent magnets, such as eletric motors in cordless tools, hard disk drives and magnetic fasteners. Neodymium magnets are graded according to their maximum energy product, which relates to the magnetic flux output per unit volu…

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