For a more flexible alternative to sintered neodymium, consider using bonded neodymium magnets for your application. Bonded neodymium powder is used to create these magnets. Powder is melted and mixed with a polymer. Components are then pressed or extruded to create the product. Bonded Neodymium magnets can be magnetized into complex patterns with multiple poles. Though much weaker than Sintered Neodymium magnets, Bonded neodymium magnets give greater flexibility in terms of shapes that can be made. They are also lighter than Samarium Cobalt, and have a lower acceptable temperature (coercivity). Nevertheless, they offer excellent value for applications that require a smaller magnet or utilize radial rings.
Applications include automotive, home, power tools, as well as electronic industries.