Neodymium magnets also called rare earth metal metal magnet they are pure metal alloys formed of neodymium, iron, and boron. They are sometimes formed by combining the different metals while molten and cooling them into solidity. Sometimes the metals are powdered, mixed and pressed together.
Neodymium magnets are the most powerful of all permanent magnets. A neodymium magnet can lift more than any other type of magnet of the same size. They are extremely resistant to demagnetization by external magnetic fields.
Normal magnet made of iron plus aluminum, nickel and cobalt, whereas a Neodymium magnet made of neodymium, iron and boron. And the norma magnet was probably made from liquid metal by casting, whereas the neodymium magnet is usually powder that has been sintered together into a composite.