what is a rare earth magnet
Rare-earth magnets are strong permanent magnets made from alloys of rare earth elements. Developed in the 1970s and '80s, rare-earth magnets are the strongest type of permanent magnets made, producing significantly stronger magnetic fields than other types such as ferrite or alnico magnets.he advantage of the rare earth compounds over other magnets is that their crystalline structures have very high magnetic anisotropy. This means that a crystal of the material is easy to magnetize in one particular direction, but resists being magnetized in any other direction.