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…
Rare earth refer to a group of 17 elements that are prized for their unique magnetic and electrochemical specification. They include elements such as gadolinium, lanthanum, cerium and promethium, and are vital in the production of cancer treatment drugs, we are mainly purchasing neodymium, praseodymium and other heavy rare earth for several 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…
Samarium Cobalt magnet Samarium Cobalt Magnet Features Samarium Cobalt (SmCo) disc magnets are powerful magnets rare earth magnet?composed of samarium and cobalt. They are commonly used in high performance motors, magnetic couplings and magnetic separators. These are brittle magnets and are prone to cracking and chipping. Samarium magnet?can be used Read more…
Neodymium magnet: 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. Developed in 1982 by General Motors and Sumitomo Special Read more…