Most widely used magnetic material because of its low cost and high coercivity (doesn't lose magnetic power easily).

Use where:

• You need a 'general purpose' magnet
• Cost is a consideration
• Temperature is lower than 250°C

Ferrite magnets are also known as 'ceramic' because they are hard and brittle.

Typical applications:

• Magnetic separation
• DC motors
• Loudspeakers
• Reed switches
• Security systems