Operation of rare earth permanent magnet materials industry in 2018

 

 

In 2018, new energy vehicles, energy-saving appliances, power tools, industrial robots and other industries have provided important support for the development of rare earth permanent magnet materials industry. The quality of industry development has been continuously improved, product output has grown steadily, and the benefits of key enterprises have maintained a good momentum. Further advancement of advanced technologies has expanded new applications such as traction motors for high-speed rail. Among them, the output of sintered NdFeB blanks was about 155,000 tons, up 5% year-on-year; the output of bonded NdFeB was 0.7 million tons, up 5% year-on-year; the output of samarium-cobalt magnets was 0.2 million tons, which was the same as that of the same period last year. (Source: China Rare Earth Industry Association)

Date: 21st of January 2019
Source: MIIT  translated with google translate from Chinese to English 
Author: MIIT

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