Two departments jointly hold meeting on upstream and downstream cooperation mechanism of rare earth permanent magnet materials.
On April 3, 2019, in order to further develop the upstream and downstream cooperation mechanism of rare earth permanent magnet materials for new energy vehicle drive motors, promote cooperation among permanent magnet materials, drive motors and new energy vehicle enterprises in new product development, achievement sharing and standard formulation, the Department of Materials Industry of the Ministry of Industry and Information Technology and the Department of Equipment Industry jointly held a meeting for the cooperation mechanism. The meeting reported on the progress and achievements of the cooperation mechanism since its establishment, analyzed the existing problems, discussed the impact of the adjustment of new energy vehicle subsidy policy on upstream and downstream enterprises, and initially proposed the key work in 2019. The participating units believed that the cooperation mechanism establishes an exchange and interaction platform for enterprises, accelerates the construction of relevant standard systems, and promotes the application and development of low-cost magnets. Both upstream and downstream enterprises benefited from the cooperation mechanism. Everyone stated that they will further improve exchanges and cooperation, fully mobilize the enthusiasm of enterprises in all links of the industrial chain, strengthen common technology research and development, jointly carry out research in reduction of production costs and installation and application of neodymium magnets, and continue to improve relevant technologies and product standards to play the overall coordination role of cooperation mechanism.
Source: Asian Metal