One of the great advantages of neodymium ball magnets is that they never lose their strength. There is no need to worry that they are going to have to be replaced regularly as they will do the job they are intended to do for a long time.

World demand for rare earths is forecast to expand 7.1 percent per year to 180,000 metric tons in 2015. In dollar terms, sales are expected to more than triple from $3.0 billion in 2010 to $9.2 billion in 2015. Consumption will be driven by increases