Lifting Magnets are made from high coercivity magnets for extra durability and rough daily usage. its tremendous gripping power makes it a very useful tool for recovering ferrous objects from deep tanks or wells of chemical, ceramic or electroplating plants. its' light weight makes it a handy tool which can be used in ferreous foundries to recover iron pellets from ore and sand affecting considerable saving. it recovers its cost within a matter of weeks. very useful for foundries , plastics and lot of other industries.