Neodymium rare earth magnets are considered as industrial magnets. It is a type of magnet that is known for its intense magnetic capabilities. Categorized as a permanent magnet, neodymium rare earth magnets can remain magnetized to as long as 10 years. Despite the fact that it can stay magnetize for a long period of time, a neodymium rare earth magnet is not indestructible. Like most metals, natural or man-made, it is vulnerable to corrosion. It is used in many industrial applications and was recently used in holistic healing. It is the preferred type of magnet used in industrial applications not only for its magnetizing power but also because it lighter than any other types of magnet.
Neodymium rare earth magnets are man-made magnets created by two companies in 1982. It was made by combining boron, iron and neodymium which are abundant on the planet. Despite it many uses and its magnetic capabilities, neodymium rare earth magnets are relatively cheap. This is because of the abundance of its raw materials. This type of magnet is an embodiment of longevity and low production cost.
Generators that can produce huge amounts of electrical power were made possible with the emergence of neodymium rare earth magnets. Basic science states that a coil spinning within a magnetic field produces electricity. The stronger the magnetic field is, the higher the voltage of electricity produced. This makes neodymium rare earth magnets ideal for those who need strong generators for industrial and other purposes.
Economically viable compared to other type of magnets, neodymium rare earth magnets are being used more and more. Recent researched in holistic healing revealed that exposing the body to a magnetic field can increase blood flow and alleviate pain.