Neodymium Magnets, also known as NdFeB, NIB, or Neo magnets, are the most widely-used type of rare-earth magnets. Neodymium Magnets are made from an alloy containing, amongst others, the elements Neodymium, Iron and Boron (NdFeB). It is the strongest type of magnet and manufactured in a wide range of shapes, sizes, and grades and different coatings/finishes.