A permanent magnet is a type of material that has its own magnetic properties and creates its own magnetic field. Materials such as iron, steel, nickel, cobalt etc., that are strongly attracted towards a magnet within a certain distance are called ferromagnetic. Some of them are naturally occurring, like loadstones.
A ferromagnetic material is divided into two parts: Soft ferromagnetic material and hard ferromagnetic material. Soft ferromagnetic material can be magnetised but will not stay magnetised for a long period of time, whereas hard ferromagnetic material can be magnetised and stays magnetised for a long time.
Every magnet has its own magnetic field and magnetic properties, which show the magnetic moment of any magnet when placed in an electric field.
Permanent Magnets
Learn about permanent magnets, types of magnets, characteristics of a magnet, properties of a magnet, magnetic field line etc.