Abstract : The goal of this paper is to contribute to the field of nondestructive testing by eddy currents. We provide a mathematical analysis and a numerical framework for simulating the imaging of arbitrarily shaped small-volume conductive inclusions from electromagnetic induction data. We derive, with proof, a small-volume expansion of the eddy current data measured away from the conductive inclusion. The formula involves two polarization tensors: one associated with the magnetic contrast and the second with the conductivity of the inclusion. Based on this new formula, we design a location search algorithm. We include in this paper a discussion on data sampling, noise reduction, and probability of detection. We provide numerical examples that support our findings.