The two companies are still working out the details of the deal, but it's clear that both are looking for ways to create rare earth magnets for a wide range of uses.

However, it's not a good choice for hobbyists. Most consumers who have their own home will find that a neodymium neorodymium magnet has a very strong pull force.

This material also has a strong demagnetization curve that doesn't dwindle over time. Several methods are available for making a Neodymium magnet. Some techniques are simpler than others,

　In order to avoid corrosion damage, it is necessary to protect the surface of the permanent magnet material during use, such as electroplating gold, nickel, zinc, tin, and spraying epoxy resin on the surface.

Metal alloy magnets include neodymium iron boron magnet (Nd2Fe14B magnet), samarium cobalt magnet (SmCo magnet), aluminum nickel cobalt magnet (ALNiCO magnet), iron chromium cobalt magnet (FeCrCo magnet)