The most popularly used kinds of rare earth magnets are the neodymium magnets, which come in different sizes and shapes depending on your specific needs. They are proven significant in many different types of applications whether it’s electronics, motoring, magnetic resonance imaging, construction, as well as therapy and education.
http://www.designsplus.com/technology/how-neo-magnets-become-invaluable-in-creating-high-quality-items-and-designs/
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