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Engineered compounds in liquid, salt, oxide, metal and/or powder form comprised of various rare earth elements, namely, cerium, dysprosium, erbium, europium, gadolinium, holmium, lanthanum, lutetium, neodymium, praseodymium, promethium, samarium, scandium, terbium, thulium, ytterbium and yttrium that may be combined with iron, boron, cobalt and/or zirconium to form alloys with magnetic properties; Rare metals, namely, gallium, niobium, tantalum, rhenium, and other precious metals; Compounds containing rare earth elements, namely, cerium, lanthanum and other rare earth elements, namely, dysprosium, erbium, europium, gadolinium, holmium, lutetium, neodymium, praseodymium, promethium, samarium, scandium, terbium, thulium, ytterbium or yttrium in liquid and/or powder form used to remove impurities from water