Also used in magnetic printing (magnetic ink), anti-counterfeiting materials (magnetic anti-counterfeiting labels) and metal powder injection molding (MIM) processes for precision magnetic parts.

Applied in magnetic separation technology to separate magnetic impurities from industrial wastewater, ore pulp or solid waste, improving purification efficiency.

Used to produce permanent magnets, soft magnetic cores, magnetic recording media (e.g., magnetic tapes, hard disks) and magnetic composite materials (magnetic plastics, magnetic rubber).

In the automotive industry, magnets play a crucial role. Electric and hybrid vehicles rely on powerful magnets in their electric motors. These magnets enable the conversion of electrical energy into mechanical energy, which drives the vehicle. The use of high - performance magnets...

The healthcare industry also benefits greatly from magnets. Magnetic Resonance Imaging (MRI) is one of the most significant medical applications. MRI machines use strong magnetic fields to generate detailed images of the inside of the human body. By aligning the protons in the body's tissues and detecting...