Rare earth magnets are the most sturdy type of magnets available at present. These magnets are manufactured by us using several rare earth elements. Owing to the brittle nature of these magnets, we properly coat them with nickel to provide extra firmness. These magnets are widely used in computer hard drives, fishing reel brakes, audio speakers, bicycle dynamos, and so. We produce two primary varieties of rare earth magnets, i.e., Neodymium and Samarium-cobalt. Out of these, neodymium type rare earth magnet is comparatively cheaper. Samarium variety of rare earth magnet is a little expensive due to their complex manufacturing process and their special quality to withstand high temperatures.