Ferrite magnets, also called ceramic magnets, are a large class of magnets that include chemical compounds such as hematite (Fe2</SUB<O3) and magnetite (Fe3O4), which is the most magnetic naturally occurring mineral on Earth. Ferrite & ceramic magnets are the simplest type of magnets compared with other more sophisticated magnets like Alnico magnets or neodymium magnets (rare-earth magnets). Ferrite/ceramic magnets can be classified into two categories based on their manufacturing techniques: sintered ferrite magnet and bonded ferrite magnet.
