In 2018, the industries of new energy vehicles, energy-saving household appliances, electric tools and industrial robots provided important support for the development of rare earth permanent magnetic materials industry. The development quality of the industry has been continuously improved, the output of products has steadily increased, the benefits of key enterprises have been maintained in a good situation, and advanced technologies such as grain boundary diffusion have been further popularized, which has expanded the new application fields such as traction motors for high-speed rail.
According to the China rare Earth Industry Association, the output of sintered NdFeB semi-finished product is about 155000 tons, growth of 5 per cent over the same period last year; the output of bonded NdFeB is 7000 tons, growth of 5 per cent over the same period last year; and the output of samarium cobalt magnets is 2500 tons, the same as in the same period last year.
