Are permanent magnets depleted when they induce electric currents in conductors by movement.
If a permanent magnet is moved so that it induces a current in an electrical conductor that is connected in a circuit with a load resistor causing power to be dissipated in the resistor through heat, does this cause a reduction in the magnetic strength of the permanent magnet. If yes, would continuing to do this eventually remove all of the magnetism from the permanent magnet? I know that mechanical power is being expended through the physical moving of the magnet so is the electrical power dissipated in the load resistor just all a transfer from the mechanical power used to move the magnet, or is something taken out of the magnet itself?