Alnico is a family of iron alloys which in addition to iron are composed primarily of aluminium (Al), nickel (Ni), and cobalt (Co), hence acronym al-ni-co. They also include copper, and sometimes titanium. Alnico alloys are ferromagnetic, and are used to make permanent magnets. Before the development of rare-earth magnets in the 1970s, they were the strongest type of permanent magnet. Other trade names for alloys in this family are: Alni, Alcomax, Hycomax, Columax, and Ticonal.