Developed independently in 1984 by General Motors and Sumitomo Special Metals,[3][4][5] neodymium magnets are the strongest type of permanent magnet available commercially.[1][6] They have replaced other types of magnets in many applications in modern products that require strong permanent magnets, such as electric motors in cordless tools, hard disk drives and magnetic fasteners.
NdFeB magnets can be classified as sintered or bonded, depending on the manufacturing process used.[7][8]
^"What is a Strong Magnet?". The Magnetic Matters Blog. Adams Magnetic Products. October 5, 2012. Archived from the original on March 26, 2016. Retrieved October 12, 2012.
^M. Sagawa; S. Fujimura; N. Togawa; H. Yamamoto; Y. Matsuura (1984). "New material for permanent magnets on a base of Nd and Fe (invited)". Journal of Applied Physics. 55 (6): 2083. Bibcode:1984JAP....55.2083S. doi:10.1063/1.333572.