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A permanent magnet is a material that retains its magnetism after the magnetizing force is removed. This magnetism arises from the motion of electric charges, creating a magnetic field. Ferromagnetic materials, such as iron, nickel, and cobalt, are capable of being permanently magnetized.1234

The process of magnetization involves aligning tiny magnetic domains within these materials. When a magnetizing field is applied, these domains reorient. In permanent magnets, this alignment persists, allowing them to produce a magnetic field outside themselves. Materials like steel can be better permanent magnets than soft iron due to internal imperfections that hinder domain wall movement, increasing coercivity. Permanent magnet motors, for example, utilize materials like neodymium-boron-iron or samarium-cobalt for their rotors.345

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