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Bearheart company is an industry leading provider of rare earth or custom magnets for your project requirements. Request a quote, or contact us today.
  • NdFeB Magnet

    A neodymium magnet (also known as NdFeB, NIB or Neo magnet), the most widely used type of rare-earth magnet, is a permanent magnet made from an alloy of neodymium, iron and boron to form the Nd2Fe14B tetragonal crystalline structure.
    NdFeB Magnet
  • AlNiCo Magnet

    Bearheart offers both cast and sintered Alnico Magnets in a variety of grades, including Alnico 2, Alnico 5, Alnico7 and Alnico 8.  Our large selection of available Alnico magnetic alloys helps achieve the best balance of cost, magnetic performance, and operational temperature resistance for your specific application.
    AlNiCo Magnet
  • SmCo Magnet

    Known as SmCo magnets, samarium cobalt magnets are part of the rare-earth family of permanent magnets along with neodymium magnets. Samarium Cobalt rare earth magnets are often used in high temperature applications needing high magnetic performance and where magnetic stability over a wide range of temperatures is important.
    SmCo Magnet
  • Ferrite Magnet

    Permanent ferrite magnets, also known as ceramic magnets,  ferrites have high coercivity, so are difficult to demagnetize. They are used to make permanent magnets for applications such as refrigerator magnets, loudspeakers, and small electric motors.
    Ferrite Magnet
  • Rubber Magnet

    Flexible magnets (strip and sheet) are a type of magnet made from ferrite powder and rubber polymer resin. These bendable magnets are not as durable as heavy, solid magnets; but they offer a lightweight alternative that can be cut into a variety of shapes and used for a wide range of applications in factories, schools, homes and businesses.
    Rubber Magnet
  • Magnetic Assembly

    A magnet assembly incorporates magnet and non-magnet materials, usually magnetizing them together to create a stronger magnetic circuit.  The non-magnet materials typically incorporate mounting mechanisms for holding applications, and also protect the magnet material from damage during use.
    Magnetic Assembly
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12

Years Experience

Xiamen BearHeart Imp&Exp Co., Ltd.
Bearheart CO., is a professional manufacturer and exporter that is concerned with the design, development and production of magnets. We provide all types, grades, shapes, and sizes of magnets including neodymium magnets, ceramic magnets, flexible magnets, AlNiCo magnets, SmCo magnets and magnets assemblies. All of our products comply with internati...
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Advantages
The BearHeart Co is one of the perennial suppliers in the Magnet&Plastic industry with a long track records of outstanding service, prices, & diverse product lines to suit any budget. The goal of BearHeart: We build business!   Product is our soul! All through these years we help our clients develop their own brands birth from just a simple idea. Our ability to search&combine all kinds of productive&design resources in China makes us stand out from our competitors.   Quality is our culture! We carefully choose whom we ...
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Service
We offer custom-made magnets, fit to your unique needs. Our services include designing, advising and immaculate quality control examinations, suitable for the highest standards worldwide.Just in Time Delivery. Let us put our knowledge and experience to work for you by utilizing our highly-skilled technical experts to solve your magnetic needs.  Whether it's sizing your magnet to fit an application, choosing the most cost-effective material or just helping you get started with what is available in the market, our engineering team ...
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About Us
Our team
We supply custom made permanent  industrial magnets and support custom magnetic solutions for your Needs. Our team will be happy to assist your company, R&D, prototyping, magnetic design, mass production, special grades or shapes – we know our business and will be happy to supply you with information, magnets sample and help.
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Leo

Leo

Managing Director

Nicholas

Nicholas

Product Engineer

Lyanna

Lyanna

Marketing Director

Hot Products
BearHeart can provide an extensive range of Magnets and Magnetic Products. Our Magnets for sale are suitable for lifting, holding, cleaning, signage for commercial and industrial or home/office applications. Contact now, we're here to help!
  • Super Strong Neodymium Magnet Disc

    12x2mm Round NdFeB Neodymium Magnets

    Neodymium Magnets, also known as NdFeB, NIB, or Neo magnets, are the most widely-used type of rare earth magnets. Neodymium Magnets are made from an alloy containing, amongst others, the elements Neodymium, Iron and Boron (NdFeB). It is the strongest type of magnet and manufactured in a wide range of shapes, sizes and grades and different coatings/finishes.
  • Large Rare Earth Block Neodymium Magnets

    Rare Earth Neodymium Block Magnets

    Neodymium( NdFeB )magnets are the strongest type of rare earth magnet commercially available and are manufactured in a wide range of shapes, sizes and grades. The most powerful permanent magnet, offers a great return for cost & performance, have the highest field/surface strength(Br), high coercivity(Hc), can be easily formed into various shapes and sizes. Be reactive with moisture and oxygen,usualy supplied by plating (Nickel, Zinc, Passivatation, Epoxy coating, etc.).
  • Custom Guitar Pickup Magnets

    AlNiCo Rod Magnets For Guitar Pickups

    Alnico is an acronym referring to aluminum (Al), nickel (Ni) and cobalt (Co). These elements are combined with iron, copper and sometimes titanium to create permanent magnets that are excellent for high-temperature use and offer good corrosion resistance.  
  • Speaker ferrite ring magnets

    Ferrite ring magnets for Speakers

    Ferrite Ring magnets are made specifically for loudspeaker systems to crafts and toys and their sizes have evolved with demand from this market.
  • Arc Ferrite magnet for Motor

    Arc Segment Ferrite Magnets For Motors

    Ferrite permanent magnets are mainly made of SrO or Fe2O3 materials. Comparing with neodymium magnet , ferrite magnet is harder and brittle, with lower magnetic performance. But it has excellent resistance to demagnetization and corrosion. Due to simple production techniques and more favorable price, ferrite magnets have the highest yield in magnet industry, widely applied to different fields.
  • Flexible Rubber Magnetic Sheets

    Custom Flexible Rubber Magnetic Sheets

    Flexible Magnetic Sheeting is produced with calendering process. It is normally used in office appliance, advertising, checking and testing meters etc
  • Female Thread Neodymium Pot Magnet

    Rubber Coated Neodymium Pot Magnets for car

    Permanent pot magnets (magnet pot or magnetic pot) position ferromagnetic items quickly and easily in the required place. These magnet systems have only one surface of magnetic attraction.All the other sides are non-magnetic. This form of construction restricts the further spread of the magnetic field. As a result, other items or machine parts in the vicinity of the pot magnet do not become magnetized.
  • Neodymium Strong D75 Salvaging Fishing Magnet

    Double sided neodymium fishing magnets

    Fishing magnets are a kind of pot magnets which provide the ultimate in clamping force. These pot magnets are manufactured in a strong steel shell to supply the strongest pulling force 10 times more than magnet.The steel shell protect the magnets from chipping or cracking, damaging. It is designed for heavy duty and underwater use and helps to recover lost equipment, tools, fishing tackles and other ferrous objects in deep water, wells, holes. also great for magnetic lifting, hanging, fixing applications.
Super Strong Neodymium Magnet Disc

12x2mm Round NdFeB Neodymium Magnets

Neodymium Magnets, also known as NdFeB, NIB, or Neo magnets, are the most widely-used type of rare earth magnets. Neodymium Magnets are made from an alloy containing, amongst others, the elements Neodymium, Iron and Boron (NdFeB). It is the strongest type of magnet and manufactured in a wide range of shapes, sizes and grades and different coatings/finishes.
Large Rare Earth Block Neodymium Magnets

Rare Earth Neodymium Block Magnets

Neodymium( NdFeB )magnets are the strongest type of rare earth magnet commercially available and are manufactured in a wide range of shapes, sizes and grades. The most powerful permanent magnet, offers a great return for cost & performance, have the highest field/surface strength(Br), high coercivity(Hc), can be easily formed into various shapes and sizes. Be reactive with moisture and oxygen,usualy supplied by plating (Nickel, Zinc, Passivatation, Epoxy coating, etc.).
Custom Guitar Pickup Magnets

AlNiCo Rod Magnets For Guitar Pickups

Alnico is an acronym referring to aluminum (Al), nickel (Ni) and cobalt (Co). These elements are combined with iron, copper and sometimes titanium to create permanent magnets that are excellent for high-temperature use and offer good corrosion resistance.  
Speaker ferrite ring magnets

Ferrite ring magnets for Speakers

Ferrite Ring magnets are made specifically for loudspeaker systems to crafts and toys and their sizes have evolved with demand from this market.
Arc Ferrite magnet for Motor

Arc Segment Ferrite Magnets For Motors

Ferrite permanent magnets are mainly made of SrO or Fe2O3 materials. Comparing with neodymium magnet , ferrite magnet is harder and brittle, with lower magnetic performance. But it has excellent resistance to demagnetization and corrosion. Due to simple production techniques and more favorable price, ferrite magnets have the highest yield in magnet industry, widely applied to different fields.
Flexible Rubber Magnetic Sheets

Custom Flexible Rubber Magnetic Sheets

Flexible Magnetic Sheeting is produced with calendering process. It is normally used in office appliance, advertising, checking and testing meters etc
Female Thread Neodymium Pot Magnet

Rubber Coated Neodymium Pot Magnets for car

Permanent pot magnets (magnet pot or magnetic pot) position ferromagnetic items quickly and easily in the required place. These magnet systems have only one surface of magnetic attraction.All the other sides are non-magnetic. This form of construction restricts the further spread of the magnetic field. As a result, other items or machine parts in the vicinity of the pot magnet do not become magnetized.
Neodymium Strong D75 Salvaging Fishing Magnet

Double sided neodymium fishing magnets

Fishing magnets are a kind of pot magnets which provide the ultimate in clamping force. These pot magnets are manufactured in a strong steel shell to supply the strongest pulling force 10 times more than magnet.The steel shell protect the magnets from chipping or cracking, damaging. It is designed for heavy duty and underwater use and helps to recover lost equipment, tools, fishing tackles and other ferrous objects in deep water, wells, holes. also great for magnetic lifting, hanging, fixing applications.
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Latest News
Keep an eye on the latest news to learn more about magnets.
Rare earth price index hits a new high during the year, and prices may continue to rise in the fourth quarter
8

Dec 2021.

Rare earth price index hits a new high during the year, and prices may continue to rise in the fourth quarter

The integration of the rare earth industry is coming to an end. On December 6, according to media reports, my country has approved the establishment of the world's largest rare earth company. The new company will be named China Rare Earth Group and will be established in Jiangxi Province as soon as this month. It will consist of the rare earth assets of a number of state-owned enterprises, including China Minmetals, Chinalco and Ganzhou Rare Earth Group. In this regard, a person from Ganzhou Rare Earth said that the news of the formation of China Rare Earth Group is true, and Ganzhou Rare Earth Group is one of the establishment units. Minmetals Rare Earth said that the reorganization is still under planning and the specific plan has not yet been announced. An industry insider revealed to a reporter from the 21st Century Business Herald that the merger of the above three rare earth companies is expected to be completed in December this year, and will be completed next year at the latest. Prior to September 23, Minmetals Rare Earth (000831.SZ) announced that Chinalco, China Minmetals, Ganzhou Municipal People's Government and others are planning a strategic reorganization of related rare earth assets. The relevant plan has not yet been finalized and needs to be approved by the relevant competent authorities. Affected by the information on the integration progress of these three rare earth companies, the rare earth sector collectively strengthened on December 6. Among them, Hong Kong stocks China Rare Earth rose 11.69%. In the A-share market, Aluminum Corporation of China rose nearly 7%, and Dehong shares had a daily limit. On December 7, the rare earths sector experienced a correction after the surge, and many stocks floated green. According to data from the China Rare Earth Industry Association, on December 7, the rare earth price index was 338.4, a record high for the year. Many industry professionals said that the current policies support industry integration and energy-saving motors will also increase demand for rare earths. Rare earth prices are expected to rise further in the fourth quarter. Last week (November 29 to December 3), mixed rare earth ore and medium yttrium rich europium ore reported 6.15 and 357,500 yuan/ton, respectively, a week-on-week increase of 1.65% and 1.42%. Praseodymium and neodymium oxide, dysprosium oxide, and terbium oxide reported 85.5, 293, and 11.015 million yuan per ton, a week-on-week increase of 0.83%, 0.69%, and 1.85%. NdFeB 50H reported 384,500 yuan/ton, a week-on-week ratio of +1.85%. According to customs data, in October, my country's total imports of rare earths and related products were 2,942 tons, a year-on-year decrease of 78.67%, and a decrease of 54.84% month-on-month; total exports were 9,017 tons, an increase of 53.90% year-on-year, and a month-on-month decrease of -0.85%. For the change in the supply and demand pattern, CICC believes that there are three reasons: First, the import of foreign raw ore...
NdFeB broke out, and rare earths finally reached the middle reaches of the industry
1

Dec 2021.

NdFeB broke out, and rare earths finally reached the middle reaches of the industry

Benefiting from the policy, the penetration rate of NdFeB permanent magnet motors is expected to increase from 3% today to 20%, and the demand will increase by 7 times. According to the "Motor Energy Efficiency Improvement Plan (2021-2023)", by 2023, the annual output of high-efficiency and energy-saving motors is expected to reach 170 million kilowatts, and the proportion of high-efficiency and energy-saving motors in service will reach more than 20%, achieving annual power savings of 49 billion kWh. At the same time, carry out the energy-saving transformation of the existing motors, and increase the application of high-efficiency and energy-saving motors. NdFeB is a must-have for high-efficiency and energy-saving motors, and high-efficiency and energy-saving motors are currently mainly used in new energy vehicle scenarios. From a technical point of view, electric vehicle motors mainly include permanent magnet synchronous motors and AC asynchronous motors. Because the NdFeB permanent magnet motor has the advantages of wide field weakening speed range, high power density ratio, high efficiency, high reliability, etc., it has become the standard configuration of new energy electric vehicle drive motors. Taking a 10kW motor as an example, the use of rare earth permanent magnet materials can reduce the weight of the motor by 130kg. In the comparison of two mainstream motors, AC asynchronous motors have cost advantages, while permanent magnet synchronous motors are more efficient. According to data from the Ministry of Industry and Information Technology, permanent magnet synchronous motors will account for 96.03% of new energy vehicles in 2020, and AC asynchronous motors will only account for 3.97%. Although the penetration rate of drive motors has exceeded 96%, it accounts for only 10% of the total cost of new energy vehicles. In 2020, the market size of China's new energy motors is only 21.62 billion yuan. In addition to the general industrial market, the penetration rate of NdFeB permanent magnet motors is almost negligible, which is also the core key to restricting the development of rare earths. With the introduction of domestic high-efficiency motor policies, the penetration rate of neodymium iron boron permanent magnet motors in traditional industrial scenarios is expected to further increase and promote the development of the industry. Industrial motors are the area that consumes the most power in society. According to an earlier document from the Ministry of Industry and Information Technology, my country's motors consume 75% of the total industrial electricity consumption and account for 60% of the country's total electricity consumption. Under the huge scale of electricity consumption, every increase in the energy efficiency of industrial motors will save tens of billions of kilowatt-hours of electricity annually. Compared with traditional asynchronous motors, neodymium iron boron permanent magnet motors do not require excitation current,...
Supply and demand fundamentals support   rare earth prices remain strong
24

Nov 2021.

Supply and demand fundamentals support   rare earth prices remain strong

Recently, rare earth prices have remained high and fluctuated. According to data released by the China Rare Earth Industry Association, on November 23, the rare earth price index reported 317.4 points, a week-on-week increase of 0.13%, an increase of 8.29% from 293.1 points on November 1. Compared with the situation of the same period last week (November 16), the price increase of mixed rare earth praseodymium and neodymium is the highest. On November 23, the highest reference price of praseodymium and neodymium oxide was 798 yuan/kg, and the highest reference price of praseodymium and neodymium mixed metal was 977 yuan/kg. Since October, rare earth prices have been rising. Based on the price of major rare earth products announced by the China Rare Earth Industry Association on October 8 (the highest reference price), as of November 23, the reference price of praseodymium and neodymium oxide has increased by more than 30%, and the reference price of praseodymium and neodymium mixed metal has increased by more than 20%. Light rare earths such as praseodymium and neodymium oxide are widely used in new energy vehicles, wind power, energy-saving inverter air conditioners, traditional automobiles and other fields. With the rapid development of industrial motors and new energy industries, the industry believes that the upstream materials of rare earth permanent magnets are catching a wave of "express". According to the analysis of CITIC Securities Research Report, new energy vehicles may become the largest downstream application of rare earths in 2025. The downstream demand in the wind power sector continues to be strong. The current global permanent magnet direct-drive wind turbine penetration rate is 30%. It is estimated that the wind power sector will consume 33,000 tons of NdFeB in 2025. The long-term demand for rare earths has been fully opened. The determination of the high-efficiency motor policy also brings new growth space for permanent magnet rare earths. A few days ago, the General Office of the Ministry of Industry and Information Technology and the General Administration of Market Supervision jointly issued the "Motor Energy Efficiency Improvement Plan (2021-2023)", which clearly stated that by 2023, the annual output of high-efficiency and energy-saving motors will reach 170 million kilowatts, and the proportion of high-efficiency and energy-saving motors in service will reach More than 20%. According to the analysis of the Zheshang Securities Research Report, the current proportion of rare earth permanent magnet motors in my country’s motors is relatively low. According to the international general estimation method, the annual demand for neodymium iron boron will reach 20,000 tons, and the downstream demand for light rare earth will reach every year in the next two years. An increase of more than 20%. Driven strongly by downstream demand for new energy, wind power, etc., institutions generally believe that supply and demand basically fo...
Rare earth exports rose sharply in October
17

Nov 2021.

Rare earth exports rose sharply in October

On November 7, the General Administration of Customs announced the export data for October. Among them, 4,330.4 tons of rare earth commodities were exported, with an export value of 420 million yuan. Compared with the previous month, the export volume of rare earths increased by 10.5% and the export value increased by 27.3%; compared with the same period last year, the export volume increased by 89.2% year-on-year, and the export value increased by 180% year-on-year. From January to October 2021, a total of 39,967.7 tons of rare earths were exported, a year-on-year increase of 39.4%; the cumulative export value was RMB 3.44 billion, a year-on-year increase of 78.5%.
Downstream demand is strong, rare earth prices hit a nine-year high
9

Nov 2021.

Downstream demand is strong, rare earth prices hit a nine-year high

The fourth quarter is the traditional peak season for downstream demand for rare earths. Downstream companies such as new energy vehicles, wind power, and energy-saving inverter air conditioners have begun to replenish their inventory. Some domestic manufacturers have limited production due to limited power and production. The overseas epidemic has affected Myanmar's rare earths. Supply continues to be low, and the fundamentals of supply and demand are expected to support rare earth prices. In the recent period of practice, my country's new energy sector has high demand, the light rare earth market has improved, and the price index has hit a nine-year high. At the same time, driven by the demand for NdFeB, the prices of heavy rare earths have risen, but they have not hit a new high during the year.  At present, the transaction in my country's rare earth market has improved, and the light rare earth market has soared. According to the monitoring of the business agency, the prices of neodymium praseodymium oxide, praseodymium oxide, neodymium oxide, neodymium metal, neodymium praseodymium and praseodymium metal in China have risen sharply. As of October 29, the price of neodymium oxide in rare earths in my country was 765,000 yuan/ton, the price of praseodymium oxide was 775,000 yuan/ton, the price of neodymium praseodymium oxide was 732,500 yuan/ton, and the price of neodymium praseodymium alloy was 905,000 yuan/ton. The price of ton and metal praseodymium is 975,000 yuan/ton, and the price of neodymium metal is 915,000 yuan/ton. It is worth noting that the market price of heavy rare earths rose correspondingly, but the price was lower than in April, when the market price of heavy rare earths was at a ten-year high. As of October 28, the price of dysprosium oxide was 2.835 million yuan/ton, the price of dysprosium ferroalloy was 2.84 million yuan/ton, the price of dysprosium metal was 3.63 million yuan/ton, the price of internal terbium series continued to rise, and the price of terbium oxide was 9.65 million yuan. /Ton, the price of terbium metal is 12.2 million yuan/ton. The business agency analyzed that with the sustainable development of the downstream new energy vehicles, wind power, and inverter air conditioners of rare earths, the demand continues. In addition, the domestic rare earth supply is still tight, and the inventory is declining. With the advent, the holders are reluctant to sell. On October 27, the rare earth price index was 675 points, an increase of 21 points from October 26, and a decrease of 32.50% from the highest point (December 6, 2011) of 1,000 points in the cycle from December 1, 2011 to present. The lowest point (September 13, 2015) was 271 points, an increase of 149.08%. In fact, the main rare earth materials of high-performance NdFeB are light rare earth praseodymium and neodymium oxide, heavy rare earth dysprosium oxide and terbium oxide, which are used in new energy vehicles, wind power, energy-saving inverter a...
Rare earth industry should contribute to China's carbon neutrality
2

Nov 2021.

Rare earth industry should contribute to China's carbon neutrality

Since the country proposed to achieve carbon neutrality by 2060, the term "carbon neutrality" has quickly changed from an unfamiliar term to a hot one. In September 2020, China announced that its carbon dioxide emissions will reach a peak before 2030, and strive to achieve carbon neutrality by 2060. This year's "Government Work Report" proposes to do a solid job in carbon peaking and carbon neutrality. Industry insiders pointed out that China’s goal of achieving carbon neutrality by 2060 is an opportunity for the rare earth industry, because it will play an important role in increasing the demand for rare earth functional materials, especially the demand for rare earth neodymium iron boron permanent magnets. Carbon neutrality refers to the anthropogenic removal of carbon dioxide and the offsetting of anthropogenic emissions within a specified period of time. The most fundamental way for China to achieve carbon neutrality by 2060 is to transform its energy structure and replace fossil energy such as coal, oil, and natural gas with clean energy such as renewable energy and nuclear energy. At present, the more representative ones are electric vehicles instead of fuel vehicles, wind power generation, etc. Whether it is new energy vehicles or wind power generation, they are inseparable from the application of rare earth neodymium iron boron permanent magnets. Moreover, the carbon neutral policy will promote the accelerated penetration of rare earth neodymium iron boron permanent magnets. NdFeB permanent magnets have obvious energy-saving advantages and will mainly promote China's goal of carbon neutrality in two aspects: On the one hand, neodymium iron boron permanent magnet motors have higher energy efficiency, and the increase in permeability will reduce power consumption. On the other hand, neodymium iron boron permanent magnets will help the development of new energy, and more than 40% of wind turbines use rare earth neodymium iron boron permanent magnets, which will help the development of clean energy. At the same time, the drive motors of new energy vehicles mainly use rare earth neodymium iron boron permanent magnets, which will help reduce the use of fossil energy and carbon emissions in the future. With the increasing global awareness of the fossil energy crisis, the new energy automobile industry has developed rapidly in recent years. Whether it is the rapid growth of emerging auto companies or the active transformation of traditional auto companies, they have conveyed to the outside world the arrival of the electrification era of the auto industry. Governments of various countries have successively issued timetables for the suspension of the sale of fuel vehicles, and China has also proposed to "drive out" fuel vehicles before 2050. As of the end of 2020, a total of 10 million electric vehicles have been put into use worldwide. In 2020, the number of electric vehicle registrations increased by 41% year-on-year. The sales volume of new ener...
China Rare Earth Prosperity Index released in the third quarter of 2021
26

Oct 2021.

China Rare Earth Prosperity Index released in the third quarter of 2021

On October 20th, China's rare earth industry prosperity index for the third quarter of 2021 was officially released. The total index score for this period is 105.40 points, which is in the "prosperity" range. All sub-indices are generally stable and improving, and most of the scores are higher than the prosperity line. The China Rare Earth Industry Prosperity Index is jointly compiled by China Economic Information Service and Baotou Rare Earth Products Exchange. This index can effectively support the operation status of the rare earth market in the past, reflect the current market activity, and to a certain extent predict future trends. It is an important part of China's rare earth series index. component. Among the sub-indices, the technological innovation index is the highest scored item among the various indicators in this period, reporting 113.75 points, which is in the "prosperity" range. The survey results show that 17.78% of the surveyed companies are expected to increase their research investment in the fourth quarter of 2021, 13.33% of the surveyed companies are expected to increase the number of R&D personnel, and more than 80% of the surveyed companies expect their technological innovation to remain stable. The prosperous level of the indicators has continued to improve. The production and operation index reported 102.50 points, an increase of 11.00 points or 12.02% from the previous month, which was the sub-indicator with the largest increase from the previous month. Due to the obvious improvement in downstream demand, companies have relatively sufficient confidence in the market outlook. 22.00%-29.00% of the interviewed companies believe that the production and sales, prices and profitability of products will increase in the future. About half of the interviewed companies expect production and operation in the fourth quarter. The indicator situation will be the same as that of the third quarter, and the production and operation conditions will be generally good. However, it should be noted that due to the significant increase in the price of upstream rare earth raw materials, the production costs of middle and downstream processing and preparation enterprises have increased, and the operating pressure has increased. Statistics show that 40% of the interviewed companies expect an increase in production costs. The market performance index reported 100.00 points, a month-on-month increase of 1.25 points, an increase of 1.27%; the employee situation index reported 111.67 points, which was in the "prosperity" range, and the month-on-month increase was 7.50 points, an increase of 7.20%; the inventory status index reported 101.88 points, which was in the "prosperity" range. , Rose 1.88 points month-on-month, or 1.88%; financing indicators reported 101.67 points, in the "prosperous" range, down 4.16 points month-on-month, or 3.93%. According to the statistics of this questionnaire, the increase in domestic rare earth supply is limited, t...
China's rare earth export volume and price rise in September
20

Oct 2021.

China's rare earth export volume and price rise in September

Customs statistics show that in September 2021, China's rare earth exports increased in volume and prices year-on-year; from January to September, China's rare earth exports increased in volume and prices. Due to the repeated pandemics of the major new crowns overseas and other reasons, the export volume in 2020 will decline, which contrasts with the significant year-on-year growth in the export volume in 2021. Export volume and price rose year-on-year in September Specifically, the export volume in September 2021 was 3920.2 tons, an increase of 95.7% year-on-year; the average export price was US$12.9/kg, a year-on-year increase of 37.1%. It is worth noting that the export volume in September 2020 was very small, mainly due to eventual reasons such as the new crown pandemic, which affected production and transportation. The monthly export volume from May to November 2020 was relatively low, reflecting the fact that 2021 The monthly export volume from May to November was relatively high year-on-year, making the export volume in 2021 exhibited a substantial increase. From January to September, the volume and price of exports rose year-on-year Data analysis shows that from January to September 2021, China's rare earth exports were 35,637.3 tons, and the export value was US$467.6 million, an increase of 35.1% and 84.4% year-on-year respectively. From January to September 2021, the average export price of rare earths was USD 13.1/kg, a sharp increase of 36.5% year-on-year. In addition, the export volume in September 2021 remained stable month-on-month, but the average export price declined slightly from the month-on-month period, down by US$0.5/kg from August.
Application of advanced soft magnetic materials in the motor industry
11

Oct 2021.

Application of advanced soft magnetic materials in the motor industry

In the last few decades, the demand for new magnetic materials in the automobile and other industries has surged. In the mid-1990s, the first parts made of soft magnetic composite materials were born. The use of these soft magnetic composite materials (SMC) The trend has continued to grow. The first soft magnetic material parts are ignition cores for automobiles, which are widely used in most general vehicles. They are compacted into a round shape, and no insulating tape is used to protect the primary winding from the coil. Today, powder metal and soft magnetic composite material technology has come a long way, and it provides technological changes that did not exist before. The correct soft magnetic material makes the motor flux transmission faster, consumes less energy, and the motor structure becomes more compact. The motor can use higher frequency, denser electromagnetic, high penetration, and greatly reduce the eddy current loss of the rotor/stator. Electric motors use direct current (DC) stored in batteries or alternating current (AC) from generators and power grids to convert electrical energy into mechanical energy. They can be used in electric vehicles, small household appliances, industrial fans and pumps, machine tools, and large ships and aircraft for propulsion. Continued research on soft magnetic composite materials (SMC) has shown that they have great potential in DC and AC applications, by allowing engineers to develop new innovative designs that improve the magnetic induction of core materials at low and medium frequencies. Soft magnetic materials are composed of electrically insulating ferromagnetic powders. When optimizing particle size, shape and microstructure, they have many valuable advantages, including magnetic and thermal isotropy, high permeability, low coercivity, and Curie High temperature and low total iron loss. "Soft" means that in the sense of magnetism, the term has nothing to do with the hardness of the material. Soft magnetic materials are easy to magnetize and demagnetize. Permanent, or "hard" magnets always maintain their magnetization. The soft magnetic composite material is made of iron powder particles with high purity and compressibility and thin and uniform laminates bonded together. The coating provides high resistivity, insulates the edges of each individual particle, and limits the generation of eddy currents. Soft magnetic composites are ferromagnetic powder particles ideally coated with a uniform electrically insulating film, just like any other powdered metal part. Soft magnetic composite materials are compacted using heated molds to promote higher density, permeability, and inductivity. The soft magnetic composite material depends on the final application, and the magnetic properties are affected by various corresponding parameters, including the alloy material used, the density of the final part (saturation sensitivity and permeability are affected by the density), the sintering temperature, the ...
Relevant analysis and countermeasures on the skyrocketing price of rare earths
28

Sep 2021.

Relevant analysis and countermeasures on the skyrocketing price of rare earths

The Chinese Society of Rare Earths recently visited rare earth application companies, mainly key NdFeB factories, to investigate the production and operation of each unit. Companies generally report that with the state’s policy support for corporate innovation, due to the importance of high-tech development opportunities and the benefits brought by the dual-carbon strategy, the rare earth permanent magnet industry has generally ushered in a new round of prosperity in recent years. Market demand has grown steadily, and both production and sales have been booming. At the same time, companies also expressed great concern about the current unfavorable factors, especially the soaring price of raw materials such as praseodymium and neodymium. Since the beginning of this year, the price of metals such as praseodymium and neodymium has been like a wild horse. From 327,000 yuan/t in October last year, it has soared to 740,000 yuan/t recently. For cobalt, which is also in short supply, the highest price from 2019 to now is only 390,000/t. (The abundance of cobalt is 25 and the abundance of neodymium is 41.5). Under this unbearable pattern of raw material supply, the following dilemmas have appeared: First, the production cost has risen sharply, and the efficiency of permanent magnet companies has decreased significantly or suffered serious losses, which has reduced local taxes and employment, and some companies are unsustainable; second, raw material procurement Difficulties, due to insufficient supply to further increase prices; third, companies cannot sign long-term orders; long-term orders that have already been signed have brought multiple leading companies due to the price difference (that is, the difference between the low price of raw materials at the time of signing and the high price of raw materials purchased) Hundreds of millions of real and potential losses have come; fourth, the consequent increase in the price of rare earth permanent magnet companies, is gradually transmitted to terminal application companies such as motors, increasing the operating difficulties of these companies; fifth, there are widespread accounts in the rare earth permanent magnet industry. The longer period, coupled with the high price of raw materials, has sharply increased the capital risk. These factors are very likely to lead to the reversal of the good situation of rare earth applications represented by rare earth permanent magnets. The above is a relatively intuitive negative effect on the business activities of the company. It will also have the following impacts on the rare earth permanent magnet industry and related downstream enterprises and the entire industry chain, as well as the high-tech industries involving rare earths. 1. Rare-earth raw material manufacturers have made huge profits, but this situation is unsustainable and does not conform to economic laws. The historical experience of various industries has proved this. The high price forces downstream ...
Rare earth market steadily rises slightly
22

Sep 2021.

Rare earth market steadily rises slightly

Price: The price of heavy rare earths keeps improving. According to data from the China Rare Earth Industry Association, among the major heavy rare earth products, the lowest price of dysprosium oxide was 2.645 million yuan/ton, a bi-weekly increase of 3.52%; among light rare earth oxides, praseodymium and neodymium oxide were the lowest The transaction price was 590,000 yuan/ton, a bi-weekly decline of 0.67%; the lowest transaction price of praseodymium oxide was 630,000 yuan/ton, a bi-weekly decline of 0.94%; the lowest transaction price of neodymium oxide was 614,000 yuan/ton, a bi-weekly decline of 0.82 %. Supply and demand: The operating rate, output, sales volume, and inventory of praseodymium and neodymium oxide producers fell month-on-month in July. According to data from the Asian Metal data center, the operating rate of Chinese praseodymium and neodymium oxide producers in July was 53.44%, a decrease of 12.08% month-on-month and an increase of 3.53% year-on-year; production was 2731 tons, a month-on-month decrease of 12.07% and a year-on-year increase of 6.89%; sales volume was 2866 Tons, a month-on-month decrease of 11.65% and a year-on-year increase of 23.80%; producer inventories were 6062 metric tons, a month-on-month decrease of 2.18% and a year-on-year increase of 26.03%. Divided by province, the operating rate of Inner Mongolia praseodymium and neodymium oxide producers fell to 60.63% month-on-month, production fell to 1003 tons, and sales fell to 1003 tons month-on-month; Sichuan praseodymium and neodymium oxide producers' operating rate fell to 37.86% month-on-month, and output fell to 325 Ton, sales fell to 355 tons month-on-month; sales from Jiangxi producers fell to 268 tons month-on-month. Import and export: The import volume of rare earth ore increased in July, and the price fluctuated significantly. According to data from the General Administration of Customs, in July 2021, the import volume of mixed rare earth carbonate was 553.40 tons, a year-on-year decrease of 61.60%, and the average unit price was 12,100 yuan/ton, and the price fell 38.91% year-on-year; the import volume of rare earth metal ore was 9048.00 tons, an increase of 18.67 year-on-year. %, the average unit price was 26,100 yuan/ton, and the price increased by 121.49% year-on-year; the import volume of thorium ore and its concentrate was 1103.36 tons, up 108.47% year-on-year, and the average unit price was 27,300 yuan/ton, the price increased by 7.99% year-on-year; July total Imported rare earth ore was 10,704.76 tons, an increase of 11.57% year-on-year, and the average price was 25,500 yuan/ton, a month-on-year increase of 85.72%. Investment logic: supply and demand and policies are expected to resonate, and rare earth prices may be stable while improving. In early September, the prices of light rare earths were operating steadily and the prices of heavy rare earths continued to rise. Due to the impact of the rainy season and the epidemic, the supply of rar...
Carbon neutrality reshapes demand for rare earths
15

Sep 2021.

Carbon neutrality reshapes demand for rare earths

Rare earths: industrial vitamins, new materials and other downstream fields are widely used. Rare earths are the general name of 17 chemical elements, known as "vitamins of modern industry", and can be divided into light rare earths and heavy rare earths. The rare earth industry chain is mainly composed of upstream mining, midstream material preparation and downstream applications. Rare earths are widely used in metallurgy, military, petrochemical, glass ceramics, agriculture, new materials and other fields. Rare earth permanent magnet materials account for 42% of my country's rare earth consumption and are the most important track downstream of the rare earth industry chain. Rare earth permanent magnets are currently the most comprehensive permanent magnets. NdFeB has the advantages of strong magnetism, resistance to magnetic loss, and temperature stability. It is the most widely used rare earth magnet. High-performance NdFeB permanent magnets are used in energy-saving products such as wind power and new energy vehicles. Other NdFeB permanent magnets are mainly used in magnetic separators and electroacoustic applications. China has the most abundant rare earth resources, and it is difficult to provide more supply increments at home and abroad in the short term. China is the country with the richest rare earth resources in the world. The rare earth reserves are 44 million tons REO, accounting for 37% of the global reserves. The Bayan Obo mine reserves are as high as 35 million tons. The world's largest rare earth mine. In 2020, the global output of rare earth concentrates will reach 240,000 tons, and China's output will be 140,000 tons, accounting for 58%. It is the main supplier of rare earth concentrates. In the short term, it is difficult to provide more rare earth supply increments both at home and abroad. The domestic policy side "indicator control + industry integration" regulates rare earth production, and the increase mainly comes from the upward adjustment of indicators. The domestic rare earth output is controlled by the total index. In 2020, the mining index will be 140,000 tons and the smelting separation index will be 135,000 tons. The adjustment of aggregate indicators is related to the supply and demand side of the market, and demand growth may drive a certain increase in aggregate indicators. The increase in foreign production capacity is facing a bottleneck, and the project under construction is too early to start production. The main production capacity of foreign rare earth mines are concentrated in Mount Pass, Australia, and rare earth mines in Myanmar; Mountain Pass has a production capacity of 40,000 tons per year, which basically reaches the upper limit; Linus has a production capacity of 25,000 tons per year, and has a production capacity of 25,000 tons per year. Utilization rate is about 75%; Myanmar rare earth mines are an important source of domestic heavy rare earths. In 2020, the import volume will be about 20,000 ton...
From January to August, China's rare earth export volume and price rise
8

Sep 2021.

From January to August, China's rare earth export volume and price rise

The analysis of customs statistics shows that the volume and price of China's rare earth exports from January to August 2021 have risen by more than 30%, and the quantity has shown a recovery increase, while the price is on the way to return to value. Specifically, from January to August 2021, China's rare earth exports were 31,717.1 tons, a year-on-year increase of 30.1%; the amount was US$416.9 million, a year-on-year increase of 77.6%. In addition, the average export price has risen from US$9.6/kg in 2020 to US$13.1/kg in 2021, a range of 36.5%.
Poor demand, the domestic rare earth market fell in August
1

Sep 2021.

Poor demand, the domestic rare earth market fell in August

According to the monitoring of the business agency, the domestic rare earth market price index dropped slightly in August, the domestic rare earth price of praseodymium and neodymium series dropped, the market price of heavy rare earth dropped slightly, and the domestic rare earth market was weak. It can be clearly seen from the product price chart that the prices of mainstream products such as neodymium oxide, praseodymium oxide, neodymium praseodymium oxide, and neodymium praseodymium alloys have declined, while the prices of neodymium metal and praseodymium metal are relatively strong. As of August 31, the domestic rare earth neodymium oxide price was 609,000 yuan/ton, down 1.77% from the early August price; the metal neodymium price was 765,000 yuan/ton, up 2.68% from the early August price; the price of neodymium praseodymium oxide was The price of praseodymium and neodymium alloy was RMB 747,500/ton, which was 2.92% lower than the price in early August; the price of praseodymium oxide was RMB 625,000/ton, which was 2.34% lower than the price in early August. ; The price of metal praseodymium was 815,000 yuan/ton, and the trend was flat in August, and the domestic light rare earth market trend fell. The domestic rare earth market products are declining, and the structural changes in supply and demand are not significant. The demand for high-end magnetic materials is normal. In the near future, China's rare earth quotas on the supply side may be steadily increased. The rate continues to increase, and the demand side is relatively normal. The sales of new energy vehicles are relatively normal, and the demand for rare earths is at a high level. The main rare earth materials of high-performance NdFeB are light rare earth praseodymium and neodymium oxide, heavy rare earth dysprosium oxide and terbium oxide, which are used in new energy vehicles, wind power, energy-saving inverter air conditioners, traditional automobiles and other fields. According to statistics, the sales of new energy vehicles are still good. According to the data released by the China Association of Automobile Manufacturers, the China Association of Automobile Manufacturers (hereinafter referred to as "China Automobile Association") announced the latest production and sales data. In July, domestic automobile production and sales reached 1.863 million and 1.864 million respectively. , Fell 3.0% and 4.1% month-on-month, and fell 15.5% and 11.9% year-on-year. In the near future, downstream demand has been general, and the market price of light rare earths has dropped slightly. In 2021, the first batch of rare earth mining, smelting and separation total control indicators will increase significantly, which is related to the strong downstream demand. The Ministry of Natural Resources has issued the 2021 total rare earth mining total control indicators, and the first batch of rare earth mines (rare earth oxide REO) , The same below) The total mining control index is 84,000 tons, inc...
Overview of China's rare earth permanent magnet material industry
24

Aug 2021.

Overview of China's rare earth permanent magnet material industry

Rare earth permanent magnet materials have a wide range of applications, including traditional industries such as computers, automobiles, instrumentation, and household appliances, as well as emerging industries such as wind power generation, new energy vehicles, and energy-saving elevators. China's rare earth permanent magnet material industry is showing a trend of stable development, with a compound annual growth rate of 11.4%. Thanks to the strong support of the Chinese government and the continued growth of market demand in downstream industrial motors, wind turbines, new energy vehicles, consumer electronics and other applications, the industry is expected to continue to grow in the future, and the consumption of rare earth permanent magnet materials is expected to further expand , The consumption is expected to reach 164,000 tons in 2023. Definition of Rare Earth Permanent Magnetic Materials Industry Rare earth permanent magnet materials, namely rare earth permanent magnet alloys, are produced by sintering, bonding and other different preparation methods of alloys composed of rare earth metals such as samarium and neodymium and transition metals such as cobalt and iron, and then magnetized by a magnetic field. A magnetic material with strong magnetic properties and comprehensive performance. Rare earth permanent magnet materials have a wide range of applications, including traditional industries such as computers, automobiles, instrumentation, and household appliances, as well as emerging industries such as wind power generation, new energy vehicles, and energy-saving elevators. Market Status of Rare Earth Permanent Magnet Industry China is rich in rare earth reserves, accounting for approximately 36.7% of the global rare earth reserves, leading Brazil, Vietnam, Russia and other countries, and ranking first in the world. In 2020, the global output of rare earth mines was 233,000 tons, a year-on-year increase of 6.6%. The increase in output was mainly due to the increase in China's quota and the full production of the Mountain Pass mine in the United States. China and the United States produced 140,000 tons and 35,000 tons respectively. The rare earth industry has now formed a relatively complete industrial chain and supporting industrial foundation. The technological level of rare earth mining, smelting and separation processes has been relatively mature, providing an important raw material basis for the preparation of rare earth permanent magnet materials. Production capacity and output are also at the world's leading level, and China is one of the major producers of rare earth permanent magnet materials in the international market. Analysis of typical application areas New Energy Vehicle In the past five years, China's new energy automobile industry has shown a trend of rapid development. Permanent magnet synchronous motors are the mainstream of China's new energy vehicle drive motors, and their penetration rate is increasing year by year...
Current Status and Prospect Analysis of NdFeB Permanent Magnetic Materials
18

Aug 2021.

Current Status and Prospect Analysis of NdFeB Permanent Magnetic Materials

Rare earth permanent magnet materials refer to alloys formed by rare earth metals and transition metals. The permanent magnetic material made by a certain process has extremely strong magnetism and can be maintained for a long time. This material is now divided into the first generation (RECo5), the second generation (RE2TMl7) and the third generation of rare earth permanent magnet materials (NdFeB). The emergence of neodymium iron boron (NdFeB) rare earth materials and the rapid development of its application in the electronic field have set off a wave of neodymium iron boron electroplating in the electronic electroplating industry. This is because NdFeB material is one of the important basic materials in electronic information products and is closely related to many electronic information products. With the popularization of communication equipment such as computers, mobile phones, and car phones, and the rapid development of energy-saving automobiles, the world's demand for high-performance rare earth permanent magnet materials has grown rapidly. NdFeB permanent magnets are known as the "magnet king" and are one of the magnetic materials with better comprehensive performance in the current industrial production. It is the rare earth permanent magnet material with the highest output and the most widely used. NdFeB permanent magnet process technology and application fields have been developed rapidly in recent years, and have gradually developed into one of the mainstream magnetic materials in the market, and play an important role in promoting the upgrading of downstream products, energy saving and emission reduction, and sustainable development. . NdFeB permanent magnets have good mechanical properties and high energy density, which is conducive to the lighter, thinner, miniaturized or ultra-miniaturized magnetic components. The emergence of neodymium iron boron permanent magnets not only makes electro-acoustic motors, instrumentation, magnetic separation magnetization, medical equipment and other equipment develop in the direction of miniaturization, high frequency, high performance, low loss, and low noise, but also with the characteristics of energy saving and environmental protection. Its applications have expanded from traditional fields to emerging fields such as new energy vehicles, wind power generation, energy-saving appliances, and aerospace. For a long time, most of my country's sintered NdFeB manufacturers produce low-end products and face greater market competition pressure. In recent years, driven by the development of strategic emerging industries such as energy conservation and environmental protection, new energy vehicles, information technology and high-end equipment, some domestic companies have continuously introduced advanced production technology, equipment and management experience of foreign NdFeB permanent magnets, and invested funds to develop their own Research and development has promoted the rapid improvement of my...
China's rare earth exports increased significantly in July and prices rose slightly
12

Aug 2021.

China's rare earth exports increased significantly in July and prices rose slightly

The analysis of customs statistics shows that in July 2021, China's rare earth export volume was 3955.4 tons, a year-on-year increase of 144%; the average export price was US$16.5/kg, a year-on-year increase of 5%. July 2020 year 2021 year Year-on-year Export volume (tons) 1,620.30 3,955.40 144.1% Average price (USD/kg) 15.7  16.5  5.0% The outbreak of the overseas epidemic led to transportation obstructions and other reasons, which led to a small export volume in July 2020, and the demand broke out in 2021, so it contrasted with the larger increase in July 2021. In addition, the cumulative export volume from January to July was 27,781 tons, an increase of 22.2% year-on-year; the export value increased by 72.6% year-on-year to US$364.1 million.
The domestic rare earth market rose sharply in July
4

Aug 2021.

The domestic rare earth market rose sharply in July

Since the beginning of July, the prices of major rare earth products have risen rapidly, with praseodymium and neodymium oxide, terbium oxide, and dysprosium oxide rising by about 24%, 23%, and 11% respectively. The low season for rare earths this year is not weak, and it is strongly driven by downstream demand such as new energy vehicles. The pre-requisite effect of replenishment is obvious. Due to the advent of the rainy season and the aggravation of the epidemic, the supply of rare earths in Myanmar has been disturbed. Superimposed on the recent national environmental protection inspections, some smelting and separation plants have cut production and stopped production. Supply and demand basically form strong support in the face of rare earth prices. Rare earth permanent magnet materials (NdFeB) account for about 80% of the output value of the downstream of the rare earth industry chain, and are mainly used in traditional automobiles, new energy automobiles, wind power, energy-saving inverter air conditioners and other fields. The amount of NdFeB for new energy vehicles is about 3-5 kg, which is 3-5 times that of traditional cars. Assuming that the output of new energy vehicles will reach 18 million in 2025, the corresponding NdFeB demand will reach 54,000 to 90,000 tons in 2021. In 2025, the demand for neodymium-iron-boron in the new energy vehicle industry will grow at an average annual rate of about 40%. In 2025, new energy vehicles may become the largest downstream application of rare earths. The demand for new energy vehicles has begun to explode. The downstream demand for carbon-neutral wind power and energy-saving inverter air conditioners continues to pick up. The downstream demand for rare earths is expected to continue to improve; during the "14th Five-Year Plan" period, the domestic rare earth supply will still be restricted by the total mining index. Supply-side high-pressure policies such as crackdowns and environmental protection will continue. It is expected that the increase in overseas supply in the next five years will be relatively limited, and the global supply and demand of rare earths may be in a tight balance for a long time. Raise the forecast for the price of praseodymium and neodymium oxide in 2021 to 800,000 yuan/ton, and maintain the forecast for the high prices of dysprosium oxide and terbium oxide at 3 million yuan/ton and 15 million yuan/ton. The price of rare earths is expected to open up for a long time. In recent years, the supply-side structural reform of the domestic rare earth industry has continued to advance, and applications such as downstream magnetic materials have developed rapidly, and the fundamentals of supply and demand are expected to enter a virtuous cycle.
What is rare earth permanent magnet material? Why is it so important?
28

Jul 2021.

What is rare earth permanent magnet material? Why is it so important?

Talking about rare earths is inseparable from rare earth permanent magnet materials. What is rare earth permanent magnet material? Today we will come to popular science. First, let's understand what is a permanent magnet material? Refers to materials that can maintain constant magnetic properties once they are magnetized, and are widely used in high technology. Those who have studied high school physics know that magnetic energy generates electricity, commonly known as "electromagnetic induction" phenomenon, and the principle of modern generators is derived from this. Permanent magnet materials can provide constant magnetism and provide a constant energy basis for motor operation. Why are rare earth permanent magnets so precious? Rare earth permanent magnet, that is, the permanent magnet material contains rare earth metal elements. At present, the well-known rare earth permanent magnet materials are mainly rare earth cobalt permanent magnet materials and neodymium iron boron permanent magnet materials. Rare-earth permanent magnet materials are currently known as a permanent magnet material with the highest comprehensive performance. The magnetic energy product of cobalt permanent magnets can reach 150 times that of carbon steel, 3 to 5 times that of Alnico permanent magnets, and 8 to 10 times that of permanent magnet ferrites. Neodymium iron boron magnets have extremely high magnetic energy and are called the contemporary "king of permanent magnets". They are widely used in electronics, machinery and other industries with their excellent performance. Due to the use of rare earth permanent magnetic materials, not only has promoted the miniaturization of permanent magnetic devices and improved the performance of products, but also promoted the production of some special devices, which has the effect of becoming gold. What is the role of rare earth permanent magnets? Rare earth permanent magnet materials have become important materials in electronic technology communications: In the field of military science and technology, it can be used to build artificial satellites, radars, and aviation instruments. It is also ubiquitous in daily life, and has penetrated into automobiles, household appliances, electronic meters, nuclear magnetic resonance imagers, audio equipment, micro-special motors, mobile phones, etc. In the medical field, the use of rare earth permanent magnet materials for "magnetic acupuncture therapy" has greatly improved the curative effect and promoted the rapid promotion of "magnetic acupuncture therapy". The most obvious application of rare earth permanent magnets in recent years is in the field of new energy. New energy vehicles, wind power generation, and air conditioners will all be applied to this material. Rare earth permanent magnetic tape drive rare earth demand explodes According to agency estimates, by 2025, the demand for high-performance neodymium-iron-boron for new energy vehicles will exceed 60,000 tons. On the other han...
China's rare earth exports fell 3.8% in June
20

Jul 2021.

China's rare earth exports fell 3.8% in June

China has a vast territory and contains precious and scarce rare earth resources. Rare earths play a core role in industrial metallurgy, chip manufacturing, and even aerospace. Statistics show that China's rare earth reserves account for 36% of the world's total reserves, and it is a veritable rare earth country. In addition, China also bears 90% of the world's rare earth exports. According to the latest data from Chinese officials on Tuesday (July 13), in June 2021, China exported a total of 4012.4 tons of rare earths, a decrease of 3.8% compared with the export volume of 4171 tons of rare earths in May. Since China currently holds a large global supply of rare earths in its hands, China is the source of rare earth resources in many countries. According to statistics from relevant U.S. agencies, in 2018, the U.S. rare earth supply was 100% dependent on foreign imports, and 80% of the rare earths came from China. Among the 35 rare earth elements recognized and used in the United States, 13 are imported from China. It can be seen that the United States cannot do without China's rare earth resource market. Rare earth permanent magnet materials have a wide range of applications, including traditional industries such as computers, automobiles, instrumentation, household appliances, and emerging industries such as wind power generation, new energy vehicles, and energy-saving elevators. China's rare earth permanent magnet material industry is showing a trend of stable development, with a compound annual growth rate of 11.4%. Thanks to the strong support of the Chinese government and the continued growth of market demand in downstream industrial motors, wind turbines, new energy vehicles, consumer electronics and other applications, the industry is expected to continue to grow in the future, and the consumption of rare earth permanent magnet materials is expected to further expand , The consumption is expected to reach 164,000 tons in 2023. As China has begun planning for the export of rare earth resources in recent years, official sources indicated that it will issue the "Rare Earth Regulations" as soon as possible to regulate the development of the industry.
  • Rare earth price index hits a new high during the year, and prices may continue to rise in the fourth quarter

    The integration of the rare earth industry is coming to an end. On December 6, according to media reports, my country has approved the establishment of the world's largest rare earth company. The new company will be named China Rare Earth Group and will be established in Jiangxi Province as soon as this month. It will consist of the rare earth assets of a number of state-owned enterprises, including China Minmetals, Chinalco and Ganzhou Rare Earth Group. In this regard, a person from Ganzhou Rare Earth said that the news of the formation of China Rare Earth Group is true, and Ganzhou Rare Earth Group is one of the establishment units. Minmetals Rare Earth said that the reorganization is still under planning and the specific plan has not yet been announced. An industry insider revealed to a reporter from the 21st Century Business Herald that the merger of the above three rare earth companies is expected to be completed in December this year, and will be completed next year at the latest. Prior to September 23, Minmetals Rare Earth (000831.SZ) announced that Chinalco, China Minmetals, Ganzhou Municipal People's Government and others are planning a strategic reorganization of related rare earth assets. The relevant plan has not yet been finalized and needs to be approved by the relevant competent authorities. Affected by the information on the integration progress of these three rare earth companies, the rare earth sector collectively strengthened on December 6. Among them, Hong Kong stocks China Rare Earth rose 11.69%. In the A-share market, Aluminum Corporation of China rose nearly 7%, and Dehong shares had a daily limit. On December 7, the rare earths sector experienced a correction after the surge, and many stocks floated green. According to data from the China Rare Earth Industry Association, on December 7, the rare earth price index was 338.4, a record high for the year. Many industry professionals said that the current policies support industry integration and energy-saving motors will also increase demand for rare earths. Rare earth prices are expected to rise further in the fourth quarter. Last week (November 29 to December 3), mixed rare earth ore and medium yttrium rich europium ore reported 6.15 and 357,500 yuan/ton, respectively, a week-on-week increase of 1.65% and 1.42%. Praseodymium and neodymium oxide, dysprosium oxide, and terbium oxide reported 85.5, 293, and 11.015 million yuan per ton, a week-on-week increase of 0.83%, 0.69%, and 1.85%. NdFeB 50H reported 384,500 yuan/ton, a week-on-week ratio of +1.85%. According to customs data, in October, my country's total imports of rare earths and related products were 2,942 tons, a year-on-year decrease of 78.67%, and a decrease of 54.84% month-on-month; total exports were 9,017 tons, an increase of 53.90% year-on-year, and a month-on-month decrease of -0.85%. For the change in the supply and demand pattern, CICC believes that there are three reasons: First, the import of foreign raw ore...
    8

    Dec 2021.

  • NdFeB broke out, and rare earths finally reached the middle reaches of the industry

    Benefiting from the policy, the penetration rate of NdFeB permanent magnet motors is expected to increase from 3% today to 20%, and the demand will increase by 7 times. According to the "Motor Energy Efficiency Improvement Plan (2021-2023)", by 2023, the annual output of high-efficiency and energy-saving motors is expected to reach 170 million kilowatts, and the proportion of high-efficiency and energy-saving motors in service will reach more than 20%, achieving annual power savings of 49 billion kWh. At the same time, carry out the energy-saving transformation of the existing motors, and increase the application of high-efficiency and energy-saving motors. NdFeB is a must-have for high-efficiency and energy-saving motors, and high-efficiency and energy-saving motors are currently mainly used in new energy vehicle scenarios. From a technical point of view, electric vehicle motors mainly include permanent magnet synchronous motors and AC asynchronous motors. Because the NdFeB permanent magnet motor has the advantages of wide field weakening speed range, high power density ratio, high efficiency, high reliability, etc., it has become the standard configuration of new energy electric vehicle drive motors. Taking a 10kW motor as an example, the use of rare earth permanent magnet materials can reduce the weight of the motor by 130kg. In the comparison of two mainstream motors, AC asynchronous motors have cost advantages, while permanent magnet synchronous motors are more efficient. According to data from the Ministry of Industry and Information Technology, permanent magnet synchronous motors will account for 96.03% of new energy vehicles in 2020, and AC asynchronous motors will only account for 3.97%. Although the penetration rate of drive motors has exceeded 96%, it accounts for only 10% of the total cost of new energy vehicles. In 2020, the market size of China's new energy motors is only 21.62 billion yuan. In addition to the general industrial market, the penetration rate of NdFeB permanent magnet motors is almost negligible, which is also the core key to restricting the development of rare earths. With the introduction of domestic high-efficiency motor policies, the penetration rate of neodymium iron boron permanent magnet motors in traditional industrial scenarios is expected to further increase and promote the development of the industry. Industrial motors are the area that consumes the most power in society. According to an earlier document from the Ministry of Industry and Information Technology, my country's motors consume 75% of the total industrial electricity consumption and account for 60% of the country's total electricity consumption. Under the huge scale of electricity consumption, every increase in the energy efficiency of industrial motors will save tens of billions of kilowatt-hours of electricity annually. Compared with traditional asynchronous motors, neodymium iron boron permanent magnet motors do not require excitation current,...
    1

    Dec 2021.

  • Supply and demand fundamentals support   rare earth prices remain strong

    Recently, rare earth prices have remained high and fluctuated. According to data released by the China Rare Earth Industry Association, on November 23, the rare earth price index reported 317.4 points, a week-on-week increase of 0.13%, an increase of 8.29% from 293.1 points on November 1. Compared with the situation of the same period last week (November 16), the price increase of mixed rare earth praseodymium and neodymium is the highest. On November 23, the highest reference price of praseodymium and neodymium oxide was 798 yuan/kg, and the highest reference price of praseodymium and neodymium mixed metal was 977 yuan/kg. Since October, rare earth prices have been rising. Based on the price of major rare earth products announced by the China Rare Earth Industry Association on October 8 (the highest reference price), as of November 23, the reference price of praseodymium and neodymium oxide has increased by more than 30%, and the reference price of praseodymium and neodymium mixed metal has increased by more than 20%. Light rare earths such as praseodymium and neodymium oxide are widely used in new energy vehicles, wind power, energy-saving inverter air conditioners, traditional automobiles and other fields. With the rapid development of industrial motors and new energy industries, the industry believes that the upstream materials of rare earth permanent magnets are catching a wave of "express". According to the analysis of CITIC Securities Research Report, new energy vehicles may become the largest downstream application of rare earths in 2025. The downstream demand in the wind power sector continues to be strong. The current global permanent magnet direct-drive wind turbine penetration rate is 30%. It is estimated that the wind power sector will consume 33,000 tons of NdFeB in 2025. The long-term demand for rare earths has been fully opened. The determination of the high-efficiency motor policy also brings new growth space for permanent magnet rare earths. A few days ago, the General Office of the Ministry of Industry and Information Technology and the General Administration of Market Supervision jointly issued the "Motor Energy Efficiency Improvement Plan (2021-2023)", which clearly stated that by 2023, the annual output of high-efficiency and energy-saving motors will reach 170 million kilowatts, and the proportion of high-efficiency and energy-saving motors in service will reach More than 20%. According to the analysis of the Zheshang Securities Research Report, the current proportion of rare earth permanent magnet motors in my country’s motors is relatively low. According to the international general estimation method, the annual demand for neodymium iron boron will reach 20,000 tons, and the downstream demand for light rare earth will reach every year in the next two years. An increase of more than 20%. Driven strongly by downstream demand for new energy, wind power, etc., institutions generally believe that supply and demand basically fo...
    24

    Nov 2021.

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