Pricing for neodymium iron boron magnets comes from a mix of material costs, manufacturing steps, and global supply dynamics. The magnets rely on rare-earths like neodymium, and sometimes dysprosium or terbium, so their availability and extraction costs heavily shape prices. Geopolitical factors, environmental rules, and mining capacity affect raw-material costs, with higher-priced grades needing more heavy rare earths for better performance. The production process also matters. Sintered NdFeB magnets require energy-heavy steps such as melting, milling, aligning magnetic fields, vacuum sintering, and heat treatment. Tight quality control and specialized equipment add to costs, especially for magnets with strict tolerances or complex shapes. Prices vary with design choices such as magnetic grade, temperature range, size accuracy, coatings, and order size. Strong demand from electric vehicles, renewable energy, and electronics pushes prices up, while strategies like material substitution and recycling help stabilize long-term costs.