What is a Neodymium Magnet?

Neodymium is the most powerful permanent magnetic material of which scientists are currently aware. It is also affordable, making it suitable for myriad applications. The chemical composition of a neodymium magnet is Nd2Fe14B, which is two atoms of neodymium, 14 iron atoms, and one boron atom. They are rare-earth magnets, in contrast to conventional ferrite [...]