eli5 How do permanent magnets work?

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I know any moving charges / electric current create a magnetic field, and this is what creates magnetic effects in electromagnets. But how do the exact same effects appear in permanent magnets? And where does the energy come from? tia

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Anonymous 0 Comments

(Strongly oversimplifying here) permanent magnets work because they’re made of smaller magnets. The moving things are the electrons in the atoms. For there to be a noticeable field, a whole lot of things have to be just right, which is why most materials aren’t magnets.

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