Neodymium iron boron (NdFeB) alloys are the key component in the world’s most powerful permanent magnets.
NdFeB magnets are essential for a growing number of applications involving electric motors, especially clean energy technologies, advanced manufacturing, defence and aerospace.
The high energy to weight ratio of NdFeB magnets has also facilitated the miniaturisation of computers, portable consumer electronics and smart devices. Other uses include medical imaging and diagnostic equipment, such as MRIs.
