Shortly after John Croat and his team at the General Motors Research Laboratory created rapidly solidified Nd-Fe-B in 1983, the same team also announced that they could make full-density bulk anisotropic magnets by using hot pressing and hot deformation on those powders. The magnetic performance of hot pressed Neodymium magnets is similar to that of sintered Neodymium magnets, which were developed by Masato Sagawa at Sumitomo Special Metals.
More importantly, the grain orientation in hot pressed Neodymium magnets is created through plastic deformation at high temperatures, without the need for an external magnetic field. This feature started a lot of research interest and was later used in the large-scale production of radially oriented ring magnets. Because of this, almost all hot pressed Neodymium magnets are made in the shape of rings. Also, hot pressed magnets are sometimes called hot deformed magnets or hot extruded magnets, depending on the details of their production process.










