Neodymium magnets are a type of permanent magnets also known as rare earth magnets, due to the fact that they contain one or more of the rare earth elements of the periodic table. Most are made of a metal alloy containing neodymium, iron, and boron.
Magnet clips are widely used in many fields, such as motors, sensors, microphones, wind turbines, wind generators, VCMs in hard disk drives, printer, switchboard, loudspeakers, magnetic separation, magnetic hooks, magnetic holder, magnetic chuck, common daily use, and so on.