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.
Weiss magneton
The idea of elementary magnets originated from the Swiss physicist Walther Ritz, who tried to explain atomic spectra. In 1907 he suggested that atoms might contain chains of magnetized and neutral rods, which were the cause of magnetic properties of materials. Just like elementary charges, this was supposed to give rise to discrete values of the total magnetic moment per atom. In 1909, Weiss performed measurements of the saturation magnetization at the temperature of liquid hydrogen in the laboratory of Heike Kamerlingh Onnes in Leiden. In 1911, Weiss announced that the molar moments of nickel and iron had the ratio of 3:11, from which he derived the value of a magneton.