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Feb 24, 2025
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Iron boron, also known as NdFeB magnet, is a tetragonal crystal formed by neodymium, iron and boron (Nd2Fe14B). Neodymium magnets were discovered by Masato Sagawa of Sumitomo Metal in Japan in 1982. The magnetic energy product (BHmax) of this magnet is greater than that of samarium cobalt magnets, and it was the material with the highest magnetic energy product in the world at that time.

Key Insights from Cost AnalysisThe cost analysis of strong magnets reveals several key insights that
Nov 18, 2025
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The market price of alnico magnets varies depending on the type (cast or sintered), grade (magnetic
Nov 18, 2025
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Ferrite magnets are significantly less expensive than neodymium and samarium cobalt magnets. For exa
Nov 18, 2025
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Neodymium magnets, also known as NdFeB magnets, are the most widely used type of strong magnet due t
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Raw Material CostsRaw materials are the foundation of strong magnet production, and their costs have
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Strong magnets, also known as high-performance magnets, are materials that exhibit an exceptionally
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