Chinese rare earth neodymium magnets crisis

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Chinese mainland NdFeB magnetic material is in a large family. As the third generation of permanent magnet material, because of its small size, light weight and strong magnetic characteristics of Chinese rare earth neodymium magnets crisis NdFeB magnets is by far the best cost performance, widely used in the printer head , computer hard drives, optical drives, floppy and motor movement and other core components, electromechanical industry and information industry base material. ring magnets  In recent years, the rapid growth of the information industry NdFeB permanent magnet materials formed on strong demand, production and sales since 1998, an annual increase of 25% -35% sustained increase. 2001 Magnetic market growth will remain around 30%, coupled with the major trends in raw material market prices fall, there have been some more positive market signals, the main or involved NdFeB permanent magnet materials listed companies face a whole industry of market opportunities .