The tetragonal Nd2Fe14B crystal structure has exceptionally high uniaxial magnetocrystalline anisotropy (HA~7 teslas – magnetic field strength H in A/m versus magnetic moment in A.m2). This gives the compound the potential to have high coercivity (i.e., resistance to being demagnetized). The compound also has a high saturation magnetization (Js ~1.6 T or 16 kG) and typically 1.3 teslas. Therefore, as the maximum energy density is proportional to Js2, this magnetic phase has the potential for storing large amounts of magnetic energy (BHmax ~ 512 kJ/m3 or 64 MG·Oe). This magnetic energy value is about 18 times greater than "ordinary" magnets by volume. This property is considerably higher in NdFeB alloys than in samarium cobalt (SmCo) magnets, which were the first type of rare-earth magnet to be commercialized. In practice, the magnetic properties of neodymium magnets depend on the alloy composition, microstructure, and manufacturing technique employed.
Crafting a Neodymium Magnet takes three magnetite.