Neodymium Iron Boron (general composition Nd2Fe14B, often abbreviated to NdFeB) is the most recent commercial addition to the family of modern magnet. NdFeB magnet is the strongest permanent magnet nowadays, and it has the merits of high remanence, high coercive force, high energy product and high price/performance ratio. Meanwhile, it could be easily processed into various shapes and specifications. Now, it is widely applied in the fields of aviation, automobile, electronics, communications equipment, meters and so on.
