Neodymium magnets are ternary alloy, neodymium-iron-boron, permanent magnets. They are also called NdFeB magnets, Neo magnets or rare earth magnets. In addition to the basic three elements, neodymium magnets also use other substitution and/or doping elements such as dysprosium, cobalt, copper and aluminum to control their microstructure and performance. According to different manufacturing methods, they include sintered NdFeB magnets (powder metallurgical process) and bonded NdFeB magnets (molding process). Due to outstanding performance and affordable cost, they are widely applied in vehicles, computers, cellphones, wind turbines, industrial machineries, home appliances, electrical tools, etc.
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