Happy Christmas and New year!

It has been a challenging year for both of us, with the magnet production limit under zero carbon policy and the logistics delay due to the pandemic.  But we are still confident in the future, in the meanwhile, we improved our SAP in terms of lean management this year, and start to work with ship companies like Maersk instead Read more…

Tariff of magnets

Tariff of industrial magnets

You may have heard that the U.S. Trade Representative (USTR) had been considering a tariff of up to 25% on industrial magnets from China.  These tariffs would have affected many of our products, as China is the world’s primary source for rare earth elements and other minerals used to produce magnets.  However, Read more…

COVID-19

Coronavirus updates

Our production is back to normal this week, will keep update about COVID-19 pandemic to our customers and guarantee superior user’s experiences. On @TuckerCarlson Tonight, Gregory Rigano, @RiganoESQ, a Stanford Univ. School of Medicine advisor announced a 100% cure rate in a controlled study done in France of 40 people Read more…

Holiday notification

As the situation develops with the outbreak of coronavirus, the Chinese government has advised against all customers who have a travel plan to our factory, but essential travel to mainland China (excluding Hong Kong and Macao).  Our 2020 Chinese Spring festival holiday for the factory will be extended from 01/02/2020 Read more…

Hotelling principle

Have you heard about Hotelling principle, which is declared by a economist at Columbia University, if you take the rare earth materials fluctuation during US-China trade war, you will see how incredible the idea is. Traders based on magnet industry expect the price of rare earth raw materials which is Read more…