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The relatively low rare earth content (12% by volume, 26.7% by mass) and the relative abundance of neodymium and iron compared with samarium and cobalt makes neodymium magnets lower in price than the other major rare-earth magnet family, samarium–cobalt magnets.
This is a list of prices of chemical elements. Listed here are mainly average market prices for bulk trade of commodities. ... Neodymium: 7.007: 41.5 ...
A neodymium magnet of a few tens of grams can lift a thousand times its own weight, and can snap together with enough force to break bones. These magnets are cheaper, lighter, and stronger than samarium–cobalt magnets. However, they are not superior in every aspect, as neodymium-based magnets lose their magnetism at lower temperatures [52 ...
Ferrofluid on glass, with a rare-earth magnet underneath. A rare-earth magnet is a strong permanent magnet made from alloys of rare-earth elements.Developed in the 1970s and 1980s, rare-earth magnets are the strongest type of permanent magnets made, producing significantly stronger magnetic fields than other types such as ferrite or alnico magnets.
Masato Sagawa (佐川眞人; born August 3, 1943, in Tokushima, Japan) is a Japanese scientist and entrepreneur, and the inventor of the sintered permanent neodymium magnet (NdFeB). Sagawa was awarded the Japan Prize and IEEE Medal for Environmental and Safety Technologies for his efforts.
For this reason, the most common magnet size is a 3×1mm neodymium disk magnet. Usually the magnets used are of the highest strength available, as a stronger magnet leads to higher magnetic field sensitivity. Perhaps the most important consideration is a coating for the magnet, as typical neodymium disk magnets are not suitable for implantation.
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