Magnet
Rare earth (lanthanoid) elements have a partially occupied "f" electron shell (which can accommodate up to 14 electrons). The spin of these electrons can be aligned, resulting in very strong magnetic fields, and therefore, these elements are used in compact high-strength magnets where their higher price is not a concern. The most common types of rare-earth magnets are samarium-cobalt and neodymium-iron-boron (NIB) magnets.
Photonic metamaterial
Natural materials, such as precious metals, can achieve ε < 0 up to the visible frequencies. However, at terahertz, infrared and visible frequencies, natural materials have a very weak magnetic coupling component, or permeability. In other words, susceptibility to the magnetic component of radiated light can be considered negligible.