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Keep your favorite beverage at hand when working in the garage, workshop or outdoors. Powerful magnet attracts to any ferrous metal surface including toolbox, cabinet or even your stationary vehicle. Holds an insulated mug, hot or cold container, aluminum can or fountain cup. Makes a great gift too. 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.