Neoron Ingot

The neoron ingot (knee-oh-ron) is to make Neodymium Magnets. It is made by smelting iron and neodymium together in the Smelter, then adding a Boron Ingot with 4 of these ingots on the crafting table to get a neodymium magnet. However, you can make armor and a pickaxe out of just neoron. A neoron pickaxe uses the furnace recipe for whatever it mines. MCE wanted to have where you equipped the armor, it would make you walk faster, but this has not been done yet.

Trivia

 * Neoron is almost a thing. The name is made up, but it is used to make neodymium magnets. Which have iron and neodymium in it. But they also have boron, so that's why there's a crafting recipe with a boron ingot to get a neodymium magnet.
 * Since this is used in the process of making a magnetic upgrade, a neoron pickaxe acts like is has this, and anything you mine will do the furnace recipe of it. Like an auto-smelt type thing.
 * MCE wanted to have where you equipped the armor, it would make you walk faster, but this has not been done yet.