Neodymium Iron Boron (NdFeB) magnets, of the Rare Earth class, have been commercially available since the mid -1980's. Their popularity has grown rapidly due to their high Maximum Energy Product and their wide range of available shapes, sizes, and grades. Neodymium magnets can be manufactured by sintering, compression bonding, injection molding, and extrusion. The sintered form holds the highest energy product of up to 48MGOe, while the bonded form holds a lower energy product of up to 10MGOe. The majority of the neodymium magnets is anisotropic and can only be magnetized in the orientation direction. In general, magnetizing fields of approximately 30KOe are required to saturate Neodymium magnets.
Neodymium magnets are prone to corrosion in humid environments. Nickel, zinc, Tin, silver, gold plating and spray coating epoxy resin are offered as corrosion protective measure. See Table below for grades and properties of Neodymium magnets.