Neodymium-iron boron magnetic materials, known as the "magnetic king" among rare earth permanent magnet materials, are alloyed with neodymium, iron oxide, and other main raw materials. They are also known as magnetic steel. Neodymium-iron boron has extremely high magnetic energy product and coercivity. The high energy density of neodymium-iron boron permanent magnet materials makes it widely used in modern industry and electronic technology fields. This makes it possible for instruments, acoustic motors, magnetic separation and magnetization equipment to become smaller, lighter, and thinner. The advantages of neodymium-iron boron are high cost performance, excellent mechanical properties, and strong magnetism; the disadvantage is that the Curie temperature is relatively low and the temperature characteristics are poor.
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