Handy-MagTM holds nails, screws, wire nuts or any small tool safely and securely in place. Sturdy clip easily attaches to belt, pocket or bag. Great for mechanics, electricians and do-it-yourselfers. More About Ceramic Magnets: Our hard ceramic ferrite magnets are composed of iron oxide and barium or strontium carbonate. Ceramic magnets exhibit relatively good holding strength for their price, making them a popular choice for many consumer, commercial and technical applications. Ceramic magnets have so many practical uses including; craft projects, refrigerator magnets, badge holders, latches, display boards, loudspeakers, security systems, motors, generators & alternators, lifting magnets, brakes, clamps, switches & relays, sweeper magnets, science projects, toys, games, motors, magnetic couplings, POP displays, advertising giveaways, promotional items, novelties & much more.