English
中文简体Neodymium permanent magnet materials, especially high-performance rare earth permanent magnet materials, are key new materials and high-tech products in China, and have been strongly supported by national industrial policies. Since 2011, almost every year, the country has introduced relevant industrial policies to support the development of the rare earth permanent magnet material industry. The strong support of national policies has promoted the development and progress of the domestic neodymium permanent magnet industry, providing effective support for China's neodymium permanent magnet material industry to maintain global competitiveness.
Neodymium permanent magnet materials are the most potential and valuable application field among rare earth functional materials. In the future, driven by strong downstream demand for new energy vehicles, industrial motors, wind power generation, and other industries, high-performance neodymium magnet may enter a new round of capacity expansion cycle. Leading enterprises may continue to expand production capacity and improve profitability through core technology, cost control, downstream channels, and other advantages, The neodymium permanent magnet industry has entered a new era of high-quality development.
