Neodymium (Nd) magnets are the most powerful permanent magnets.
To create the structure, neodymium, boron, and iron are alloyed. A rare-earth element is a neodymium.
A substance or thing that creates a magnetic field is called a magnet.
The most noteworthy characteristic of a magnet: a force that attracts other ferromagnetic materials, such as iron, steel, nickel, cobalt, etc.—as well as the ability to attract or repel other magnets are caused by this invisible magnetic field.