What can Neodymium magnets do?

Magnets affect electrically charged particles and electrical conductors. Magnets have the ability transform electrical energy without losing their own energy. These effects can perform useful functions, for example: Electrical-to-mechanical effects are key in the function of motors, loudspeakers, and equipment that requires charged particle deflection. Mechanical-to-electrical effects are useful in generators, motors and microphones Mechanical-to-heat effects facilitate eddy current and hysteresis torque devices. Mechanical-to-mechanical affects, Magnetic separators, Sensors. Other effects of magnets include magneto-resistance and magnetic resonance.