Neodymium magnet is also known as NdFeB or Neo Magnets these are made from Neodymium, Boron, Iron and other minor elements. Neodymium magnets are considered to be the strongest compared to Alnico, Samarium-Cobalt and Ferrite magnets.
Neodymium pot magnet assembly is made from neodymium magnets embedded in a steel pot. These are considered as ultimate solutions for clamping, gripping and fixing components together. The steel casing creates a strong vertical magnetic pull force.