6 Quick Facts About Rare Earth Magnets You Should Know Before Buying

Are you contemplating investing in rare earth magnets for your project? Generally, there are two types of rare earth magnets: neodymium-iron-boron (NIB) and samarium-cobalt (SmCo). These two rare earth magnets are popular because of their superior performance and strength.  As their name suggests, they feature rare earth elements able to produce exceptionally potent magnetic fields. Because of these qualities, you can find rare earth magnets in almost any electronic gadget or equipment.