Permanent Ferrite Magnet  can be divided into bonded NdFeB and sintered NdFeB.
It is expected that in the next 20-30 years, there will be no replacement of magnetic materials for NdFeB magnets. The main raw materials for the production of neodymium iron boron magnets are metal neodymium, pure iron, ferroboron alloys and other additives.

The core technology of the NdFeB magnet industry is mainly reflected in the manufacturing process, specifically in the aspects of the uniformity, consistency, processing quality and coating quality of its products.