When neodymium magnet start to application product :
Neodymium magnet is modern strong permanent magnet.which is the most widely used type of rare-earth magnet. they also name NdFeB magnet.
Neodymium magnet is a permanent magnet made from an alloy of neodymium,iron and boron to form the Nd2Fe14B tetragonal crystalline structure.
In 1982,this type of magnet wildly used in many field, and replaced other types of magnets in the many applications in modern products that require strong permanent magnet.