While many magnets are produced from non-renewable rare earth metals, their environmental impact is offset by their ability to be infinitely recycled. Permanent magnets can be recycled for use in the device after device, though many people don't recycle magnets because they are unaware of their potential. Through learning how to recycle permanent magnets and creating more easily recyclable products, companies can reduce the impact of magnet mining on the environment. Some companies have even begun producing exclusively recycled magnets.
Magnets are also a sustainable alternative to many single-use products. In retail and commercial spaces, magnets are ideal for replacing single-use items such as stickers, paper banners, tape, and more. Magnets are a reusable alternative to traditional printed advertising that can potentially last for years to come. When used sparingly as a reusable alternative, magnets can help businesses become more sustainable and boost their bottom line.