- A Soft Silvery metal was discovered in 1885 by Austrian Chemist having symbol Nd and atomic number 60.
- Classified as a rare earth metal and one of the third most abundant element in earth crust which is mostly mined in China.
- Neodymium metal is paramagnetic and when alloyed with iron and boron can form one of the world's most powerful magnetic compounds.
- Products which have small volume need to have a strong magnetic field requires neodymium to be installed inside such as, loudspeakers, headphones, guitar pick-ups, microphones & mostly computer hard disks.
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