1. Rare Earth Permanent Magnet Materials (Strongest Magnetism)
- Neodymium Iron Boron Magnet (NdFeB):
- Main elements: Neodymium (Nd), Iron (Fe), Boron (B).
- Samarium Cobalt Magnet (SmCo):
- Main elements: Samarium (Sm), Cobalt (Co), sometimes with the addition of iron, copper, etc.
2. Ferrite Permanent Magnet Materials (Low Cost, Wide Application)
3. AlNiCo Magnets (AlNiCo) (Early commonly used)
4. Other Permanent Magnet Materials
- Iron-Platinum (FePt) or Cobalt-Platinum (CoPt):
- Manganese-Bismuth Magnets (MnBi):
Containing manganese (Mn) and bismuth (Bi), a new type of permanent magnet material under research.
- Transition metals: Iron (Fe), Cobalt (Co), Nickel (Ni).
- Other elements: Boron (B), Aluminum (Al), Strontium (Sr), Barium (Ba), Platinum (Pt), etc.