Ferrite magnets also known as Ceramic magnets. Because it's made by ceramic production technique. Just like the ceramic, the ferrite magnet is very brittle. The component are mainly SrO or BaO and Fe2O3. The magnets won't rust without any surface treatment. The ferrite magnets could work at max 250 degree centigrade, the performance is OK while the price is very cheap. The ferrite magnets are mainly used in packing industry, crafts, magnetic holders, toys, motors, speakers and so on.
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