Permanent magnets supply various industries ranging from electric vehicles and semiconductors to defense and aerospace, the New York Times reported late on Sunday. China is fighting back for US President Donald Trump’s sharp increase in tariffs amid escalating trade tensions between the world’s two biggest economies. We follows China’s announcement earlier this month Read more…
As an AI language model, I don’t have the ability to predict the future. However, based on current information and data, it is expected that the rare earth permanent magnet market will continue to grow in the coming years due to increasing demand from various end-use industries such as automotive, Read more…
As the state-owned China Northern Rare Earth (Group) High-Tech, which in 2021 controlled around 60% of China’s rare earth mining output, formed a strategic partnership with another non-state rare earth miner, China Rare Earth Holdings, which is a new rare-earth giant related with Aluminum Corporation of China, China Minmetals, and Ganzhou Read more…
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…
Trump asked the ministry of national defense to find a better method for rare earth magnet which is used for industrial motor, and warning this could pose a threat to national defense at 22th July, 2019. He illustrate that American do not have ability to manufacture anti-corrosion rare earth Read more…
Comparative advantage is determined by comparing the opportunity cost of producing rare earth magnet in China to the world price, China mainland devotes over 80% production of neodymium magnet for global market, the percentage will be larger if we put other rare earth magnet line into it, especially for those higher Read more…
Know the different types of motor magnets and their applications Magnets play a vital role in making all types of generators, motors, and actuators work efficiently. The motion of all these types of machinery is concerned with magnets and magnetism. A magnet motor follows the fundamental law of magnet, attracting opposite Read more…
Rare earth elements: Rare Earth elements largely unknown to the majority of the general public, called ingredients of industry, since almost used in every high-tech part. Recently, Praseodymium and Neodymium rocket to a high point today, as chart shows below, Influencing on neodymium magnet Since neodymium and Samarium cobalt magnet uses Read more…