Magnet
Many materials have unpaired electron spins, and the majority of these materials are paramagnetic. When the spins interact with each other in such a way that the spins align spontaneously, the materials are called ferromagnetic (what is often loosely termed as magnetic). Because of the way their regular crystalline atomic structure causes their spins to interact, some metals are ferromagnetic when found in their natural states, as ores. These include iron ore (magnetite or lodestone), cobalt and nickel, as well as the rare earth metals gadolinium and dysprosium (when at a very low temperature). Such naturally occurring ferromagnets were used in the first experiments with magnetism. Technology has since expanded the availability of magnetic materials to include various man-made products, all based, however, on naturally magnetic elements.
Tungsten
Quenched (martensitic) tungsten steel (approx. 5.5% to 7.0% W with 0.5% to 0.7% C) was used for making hard permanent magnets, due to its high remanence and coercivity, as noted by John Hopkinson (1849 - 1898) as early as 1886. The magnetic properties of a metal or an alloy are very sensitive to microstructure. For example, while the element tungsten is not ferromagnetic (but iron is), when present in steel in these proportions, it stabilizes the martensite phase, which has an enhanced ferromagnetism, as compared to the ferrite (iron) phase, due to its greater resistance to magnetic domain wall motion.