Ceramic magnets, also known as ferrite magnets, are made from a mixture of iron oxide and other metallic elements. They are popular due to their low cost, resistance to corrosion, and ability to maintain their magnetic properties over time. These magnets are commonly used in various applications, including motors, speakers, and refrigerator magnets. The manufacturing process of ceramic magnets involves sintering, where the powdered materials are heated to form a solid structure. Although they are not as strong as neodymium magnets, ceramic magnets are widely used in everyday items because of their durability and effectiveness in holding objects together.