Types of Permanent Magnet

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4 Common Types of Permanent Magnets

Below are four of the most common types of permanent magnets:

1. Neodymium

Neodymium magnets are the strongest type of permanent magnets. They are typically
alloys of the elements neodymium, iron, and boron. They may also contain traces of
praseodymium and dysprosium. General Motors and Sumitomo Metal Industries
developed these magnets in the 1980s, and because of their tremendous strength, they
are still widely in use.

Neodymium itself is a rare-earth metal in the lanthanide series. It is a hard but


somewhat malleable silver metal in its pure form. It is relatively abundant in the earth’s
crust.

Together, neodymium and other metals make an alloy known as Nd2Fe14B, which is
the strongest magnetic material in the world. It is prevalent in many types of commercial
and industrial equipment requiring tough, durable parts. For instance, neodymium
magnets are often the magnets of choice for electric vehicle motor designs. 

Neodymium magnets are beneficial in applications that require extreme resistance to


demagnetization, though they tend to have low maximum operating temperatures
compared to other magnets. 

2. Samarium Cobalt

A samarium cobalt magnet is a type of rare-earth magnet — samarium is a rare-earth


metal. In its elemental form, samarium is a shiny, silvery metal with about the hardness
and density of zinc. Cobalt is a harder metal that occurs naturally only in a chemically
combined form. Samarium cobalt magnets combine the two elements, samarium, and
cobalt.

The U.S. Air Force Materials Laboratory developed samarium cobalt magnets in the
1970s. Until the development of neodymium magnets, samarium cobalt magnets were
the strongest in the world — three times stronger than any magnetic materials known at
the time. 

Today, samarium cobalt magnets are available in two grades with extremely high
magnetic strength. Although they are not as strong as neodymium, they can maintain
their magnetic stability even at relatively high temperatures. The cobalt in them makes
them rather expensive to manufacture, however. 

3. Alnico
“Alnico” is an amalgam of the words aluminum, nickel, and cobalt, the three main
components of these magnets. Alnico magnets also often contain traces of other metals
that can enhance specific characteristics. 

Alnico magnets have been in use for about 100 years. They were some of the first
permanent magnets to be developed, and because of their relative strength and
stability, they are still widely used today. 

Alnico magnets are not as strong as samarium cobalt or neodymium magnets.


Nevertheless, they offer exceptional magnetic stability even at extremely high operating
temperatures — higher than any other type of permanent magnet. They are relatively
susceptible to demagnetization, however.

4. Ferrite

Ferrite magnets contain iron. Some have pure iron, and others consist of iron mixed
with barium and iron oxide or strontium carbonate. 

Ferrite magnets are much weaker than neodymium or samarium cobalt magnets.
However, their much more economical production costs often offset this disadvantage.
Worldwide, ferrite magnets are the most commonly used magnets in applications where
exceptionally high magnetic performance is not a necessity. Their sales represented an
international market value of $5.58 billion as of 2020.

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