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Magnet dimensions 12 x 20mm. Neodymium magnets are often referred to “NdFeb” or "Neo". First discovered in 1982 and commercially available in 1984 Neodymium magnets have largely become the most widely used type of rare earth magnet around the world. They are manufactured from an alloy of neodymium, iron and boron (NdFeB). Although relatively small in size they are known for their incredible strength.
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