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.
Bonded neo
Bonded neo powder is produced by processing specific combination of elements that result in distinct magnetic and physical characteristics. These powders are the primary material used in the manufacture of bonded rare earth permanent magnets, which, in turn, are used in motors and sensors utilized in a wide variety of products for consumer and industrial end markets. Neodymium metal, one of the rare earth elements, is the primary raw material in neo powder. It is alloyed with iron and boron, occasionally along with other elements in small quantities (such as cobalt). The alloy is melted and then rapidly solidified by melt spinning to produce neo powders with the desired characteristics for the manufacture of bonded neo magnets.