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edit Neodymium is a bright, silvery-white metal with atomic number 60, belonging to the lanthanide series. It was discovered in 1885 by Austrian chemist Carl Auer von Welsbach, who separated it from a substance called "didymium." Its name derives from the Greek words for "new" and "twin," reflecting its origin as a newly identified component of what was once thought to be a single element. Today, it is best known as a key component in the production of powerful permanent magnets. Classification