| | | Neodymium Iron Boron and Samarium Cobalt are collectively known as Rare Earth magnets because they are both composed of materials from the Rare Earth group of elements. Neodymium Iron Boron (general composition Nd2FeuB, often abbreviated to NdFeB) is the most recent commercial addition to the family of modern magnet. Ndfeb magnet is the strongest permanent magnet nowadays, and it has the merits of high remanence, high coercive force, high energy product and high price/performance ratio. Meanwhile, it could be easily processed into various shapes and specifications. Now, it is widely applied in the fields of aviation, automobile.electronics, communications equipment, meters and so on. | | |