Welcome back to the Borates Today podcast. Today, we're going to look at boron neodymium magnets. Neodymium magnets are rare earth magnets composed of neodymium, iron boron, and several transition metals. The neodymium elements are classified as rare earth magnets because they lie in the lanthanides section on the periodic table.

A neodymium magnet is a permanent magnet that uses the power of neodymium, one of the strongest substances known. It exhibits superior heat and corrosion resistance and elevated tolerance for ferromagnetic materials in close contact with it.