Neodymium rare earth permanent magnets have advantages with lightweight, efficient energy, which is the most promising, is called "King of Permanent Magnet".
With the continuous development of new fields of application, the global neodymium industry is expected to remain a growth rate of 15% in the next five years, while China is expected to maintain 20% growth rate. Product scarcity coupled with the continuous development of applications, making the rare earth permanent magnets is intentioned by more and more, which becomes the " sweet pastry" in the capital market. As a country of storing rare earth, regards of the understanding of rare earth strategic resources for a long-term process. The changeable price of rare earth is manifestation in the 2011. Since at the beginning of 2011, the main rare earth prices rose more than five times.
On the state of developing our country by technological power and economic. On the one hand the government restricts rare earth to export, while encouraging the rare earth new materials and application of rare earth products to have a rapid development. Neodymium magnets, which as an important part of magnetic material, have become a mainstream high-end magnetic products. In global country, the production of China neodymium industry is more than 80%, the output value is no less than 60%.
At the beginning of 2011, along with the rare earth prices rose sharply, the market prices of neodymium kept synchronous rising. Neodymium manufacturers almost 100% transferred costs, and become the beneficiaries of the industrial chain. Neodymium industries have a broad prospect in development. China Rare Earth Magnet Limited mainly produce sintered and bonded neodymium magnets, and our products are widely applied in hard disk drives, CD-ROM drives, automotive micro-motor.
Rare earth permanent magnet material own highest magnetic properties currently, and it has been the key materials supported by national policy to encourage to develop. Which complies with the development of new energy and economize on energy use in the future long-term trends, especially in the field of electronic information, energy-saving motors, new energy, new energy automobile demand of high-performance neodymium applications will continue to maintain rapidly growth.
In the backdrop of the "energy saving, emission reduction”, wind power, new energy vehicles and energy-saving appliances and other industries developed rapidly, which directly stimulating the demand for neodymium magnets. The production capability of China Rare Earth Magnet Limited expected to release further. China Rare Earth Magnet Limited continues to release the production according to the changes of downstream in demand in 2012. Especially the production and sales of hard-disk magnets and car magnets are expected to maintain growth.