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This magnetic field is invisible but is responsible for the most notable property of a magnet: a force that pulls on other ferromagnetic materials, such as iron, steel, nickel, cobalt, etc. and attracts or repels other magnets. A permanent magnet is an object made from a material that is magnetized and
Neodymium is used as a magnetic crane which is a lifting device that lifts objects by magnetic force. [42] These cranes lift ferrous materials like steel plates, pipes, and scrap metal using the persistent magnetic field of the permanent magnets without requiring a continuous power supply. [43]
It has been widely used in industrial applications as permanent magnets and, because they can be powdered and formed easily, they are finding their applications into micro and nano-types systems such as biomarkers, bio diagnostics and biosensors. [34] Barium ferrite Ba Fe 12 O 19 (Ba O · 6 Fe 2 O 3), a common material for permanent magnet ...
A very common source of magnetic field found in nature is a dipole, with a "South pole" and a "North pole", terms dating back to the use of magnets as compasses, interacting with the Earth's magnetic field to indicate North and South on the globe. Since opposite ends of magnets are attracted, the north pole of a magnet is attracted to the south ...
Analysts expect worldwide demand for rare earth permanent magnets to double within a decade.
Ferromagnetism is a property of certain materials (such as iron) that results in a significant, observable magnetic permeability, and in many cases, a significant magnetic coercivity, allowing the material to form a permanent magnet. Ferromagnetic materials are noticeably attracted to a magnet, which is a consequence of their substantial ...
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