Even if your magnet is kept in top condition, it can still become demagnetised during its lifetime. An example of this is the samarium cobalt magnet, which has been shown to naturally lose 1% of its magnetic capabilities over a period of 10 years.
To overcome losses of magnetic power, all magnets can be re-magnetised with the help of a strong neodymium magnet, which has the strongest magnetic field.
To do this you will need to follow these steps: