Neodymium

Neodymium is a chemical element with the symbol Nd and atomic number 60. It is a soft, silvery metal that belongs to the rare earth group, found in the Earth's crust. Neodymium is most well-known for its ability to create very strong magnets, called neodymium magnets, which are used in electronics, motors, and speakers. These magnets are essential for modern technology, enabling compact, powerful devices. Despite its name, neodymium is relatively abundant but often exists in combination with other rare earth elements. It plays a crucial role in renewable energy and electronic applications.