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What is rare earth magnet?

  Rare Earth Magnet is one of permanent magnet, which made from alloys of rare earth elements. There are two main type of Rare Earth Magnet, Neodymium (NdFeB)magnet & Samarium Cobalt (SmCo) Magnet. Rare Earth Magnet is the strongest permanent mag...

What will happen of Neodymium magnet price in 2012?

  Over the year of 2011, the cost of rare-earth magnets has risen to levels never seen or probably ever envisaged before. This has been mainly due to the high cost of the rare-earth oxides that constitute the main components of the magnets. This h...