Magnets are everywhere in modern life, from simple household tools to advanced industrial machinery. While many people think of magnets only as fridge decorations, they are actually used in a wide range of practical applications that make everyday tasks easier and more efficient.
Ferrite magnet - also known as a ceramic magnet - are among the most widely used permanent magnets in the world. They are made from iron oxide combined with barium or strontium carbonate and are manufactured using a sintering process.