Rod Magnets are rare
Rod Magnets are rare types of magnets found on earth. They are considered permanent and are made out of a combination of alloys of iron, boron and neodymium. The mixture of these three alloys provides two more names for which the magnets are called – the NIB magnet or the NdFeB magnet. Nd is the chemical symbol for neodymium, Fe is for Iron while B is for boron. Now, these magnets are also considered the strongest of all permanent magnets.
I am sure you must have heard about Disc Magnets as they are very useful these days. Basically, rare earth magnets are those elements which are made of the alloys of all the rare earth elements. Rare earth materials are permanent in nature and they are much stronger than alnico and ferrite. They were developed around 1970s and 80s and they have the magnetic field of 1.4 tesla. They are extensively brittle and can corrode easily. To prevent them from corrosion and chipping they are usually coated with a protective shield.
Not all Arc Magnets are created equal. Magnets come in many shapes and forms. Magnets are used for hundreds of applications from large industry purposes like the automotive industry to domestic applications such as audio speakers; you will even find them in your television. With so many different types, shapes, and strengths of magnets it can be easy to mistake an industrial magnet for a healing magnet.