Some Opinions of Rare Earths Protection 20161216

Some Opinions of Rare Earths Protection 20161216
Neodymium Permanent Magnets Manufacturer China Rare Earth Magnet Limited

As a matter of fact, we account for 23% of rare earths resources among the global total amount, which meet almost 90% market supply in the world. However, surprisingly, even with such great proportion, we have no pricing rights. And until today, there is no obvious improvement yet, and instead, the mining of rare earths damaged our resources and environments. It is no doubt that the rare earths are nonrenewable strategic resources to our nation. But there are some different opinions on the management of it that could influence the policy.

Rare Earths: Ordinary
Some experts think that the rare earths are valuable is because the poor mining technology in the past, and nowadays, with the development of equipments and techniques, there are more and more mineral of different types. And according to the statistics, our nations’ rare earths minerals can be used for almost a thousand year, thus there is no need to limit export and the low price is just correspond with the market quotations.

Rare Earths: Substitutable
From this point of view, if the government make control and raise the price of rare earths, then there will be a replacement in the market, which is unfavorable to the exportation. But it is impossible to replace the rare earths wholly for their important function in many fields, for example, to America, the high-temperature rare earth neodymium magnets  that used in weapon is exceptional and must be imported from China.

Rare Earths: Useless
There it also someone thinks that rare earths are useless. They assimilate it with monosodium glutamate for the narrow using scope and small using amount. However, it is completely wrong. Some functions may be not able to achieve for some products, or the quality will be inferior without permanent magnets. And as is well-known, rare earths always are called Industrial Vitamin.

Nowadays, the opinion of Management on Rare Earths is the mainstreaming thought, and also in line with the current state strategy. Even though, we have to correct the wrong ideas, and only in this way, we can take actions on the managements.

If you have any questions on rare earth permanent magnet, welcome to contact China Rare Earth Magnet Limited!

Tags: Rare Earth Magnet, Permanent Magnets, Neodymium Magnets, China Magnet

Special Actions to Promote the Development of Rare Earths Industry 20161215

Special Actions to Promote the Development of Rare Earths Industry 20161215
Cost of Neodymium Permanent Magnet Raw Material Is Going Up Now

The government departments, including Ministry of Industry and Information Technology, have issued declaration jointly to carry out special action to suppress violations about rare earths nationally based on the previous preliminary reorganization since December, 2016 to April, 2017. The action plans and requirements include: ban illegal rare earths mining, remediate illicit minerals processing on the name of comprehensive utilization, regulate rare earth magnet  trading, and track the sources of cheap exporting commodities.

The MIIT will set up the rules of Blacklist of the Industry, and those illegal and banned companies that founded in this action will be investigated and punished and its unlawful behaviors will be recorded into National Information Sharing Platform. And later these records will be the important reference factors of the company’s running, loaning, IPO, ranking and so on.

According to the statistics of customs, the exportation of rare earths reach to 31300 tons, which increased 53.8% on year-on-year basis, with the price decreased 39.2% of $7.33/kg. Considering the rare earths export for extremely low price without barrier on trade restrictions, as well as the trend of Americans Trade Protectionism, this action is imperative for this industry. And as various government departments paid much attention on this policy, the intensity of reforms is expected to exceed the past. As proved, the effect of this action is overwhelming and it takes effects preliminarily. In the recent week, the offer of rare earths has increased more than 5 percent in many trading institutions, and it is predicted that the price will keep rising in the future.

If everyone has actual demand of neodymium permanent magnet, China Rare Earth Magnet Limited suggests place order in advance due to the upward trend of material price.

China New Year Day holidays and Spring Festival 2017 are in January. Spring Festival is the most important festival in China. As a magnet manufacturer, most of our workers will be back to their hometown and the production has to be closed for about 15~21 days by that time. So the manufacturing cycle of permanent magnet orders will be postponed greatly. If possible, it is better to place an order in advance.

Tags: Rare Earth Magnet, Permanent Magnet China Magnet, Magnet Manufacturer

Rare Earth Permanent Magnet 20160128

American Scientists Synthesize Magnetic Nano-particles Instead of Rare Earth Magnet 

Scientists of Virginia Commonwealth University synthesize a kind of powerful new type of magnetic materials, which can reduce USA’s and other countries’ dependences on rare earth elements produced on China. Doctor ShiKhann explains that this discovery paves the way for improving performance of the new material or even exceeding the existing permanent magnets .

The material is made of nano-particles of iron, cobalt and carbon atoms, with 5 nanometers of magnetic area. It can store information under high temperature of 790 Kelvin. It has stable magnetic ordering enduring a long time and a great distance, which may influence the data’s storage and application. When scientists collect the powder of the new type of materials, its magnetic performance is comparable to common rare earth permanent magnet .

It is a national strategic problem that strong magnets are not made of rare earth elements, because nearly 70%-80% of rare earth is produced from China.

Permanent magnets, especially that content rare earth, are important components for electric, communication, automobile, radar and other application. In addition, appearance of green technology, including hybrid electric vehicles, directive-drive wind turbines and energy storage system, strengthens the demand of permanent magnets. However, China is the main global supplier of rare earth.

Currently, this dissertation is experimental theoretical achievement, which mainly introduce the new material’s composition, characteristic and theoretical prediction. AhmedEl-Gendy, the other author, mentions that the study is a great example that science resolve national problems. Doctor Everett Carpenter, director of the project, indicates that the new material show an excellent prospect, even it can realize applications besides permanent magnet .

Rare Earth Material Price index hit a two-year new low point

No upward momentum recently 

In the beginning of the year, Rare earth material price slightly rebounded, and then it continuous falling since March. As per the data presented by China Rare earth industry association, Rare earth price index of June 15th reported 131.1 points which created a new low point of two years. The price of mainstream varieties oxidation dysprosium and oxidation PR ND in 15th declined 15% more than the high point of March. Besides, the industry entered into the traditional off-season. It is considered that the Rare earth material price hardly picks up recently without major policy of purchasing and storage introduced in short-term.

A number of insiders said to the Great Wisdom of the news agency there were no obvious signs of falling and the spot market transactions are quiet. However, most manufacturers have struggled to maintain production and few enterprises have production shutdown plans. The analysts think the price will continue to decline Since 2014, Rare earth industry started regulation from crack down on speculation and profiteering, big group consolidation, export policy adjustment, resource taxes reformation and other ways, but no much effect at all. The downstream demand remains in the doldrums and the spot prices do not improve either.

Rare earth export tariffs were called off from May 1. The analysts believe that tariff elimination equivalents export prices fell 20~ 25% and China's rare earth exports will fall sharply, but the exports volume would increase. It is good news for enterprise inventories.

The date from General Administration of customs showed the export volume of Rare earth in May was 2618 tons, an increase of 11% over the same period of last year. But the total rare earth exports volume from January to May were 10661 tons, a down of 15% compared with cumulative 12544 tons in the same period last year.

The analysts believe that the current depressed market and weak demand were related to the excessive accumulation of rare earth resources. When Rare earth price increased rapidly in 2011, the illegal rare earth resources were over exploited and were suppressed through a joint crackdown repeatedly. It remains the improvement focus up to now.

The securities analysts also said, the sustainability rise of the Rare each stock depends on the positive improvements brought by the crackdown of illegal rare earth exploitation, purchasing and storage, group integration and other polices. For the current situation of price slump, the analysts said, the rare earth price doesn’t own condition of rapid increase prior to the completion of the integration of six groups and obtaining of pricing power of rare earth. Please pay attention to the good investment opportunities of significant national strategy for Rare earth resources in medium and long term.

China Rare Earth Magnet Limited 
Tags: China Magnet

Strong Demand of New Energy Cars Boosts Rare Earth Industry

China Rare Earth Magnet Limited Manufactures Neodymium Magnets for New Energy Cars 

As the government has increasingly focused on development of environmental protection and energy conservation, rare earth permanent magnet materials have great developmental potential in field of new energy cars and wind power. Rare earth magnetic materials play important role in performance and efficiency of new energy cars. The application and utilization, to some extent, reflect developmental level of a country’s high and new technology.

In February, 2014, after inspecting BYD, Premier Li Keqiang indicated that new energy cars, especially new energy bus, would improve urban noise and pollution. During the process of promotion of using new energy cars, the government should serve as a model. This will trigger investment enthusiasm of market and fund in new energy car industry.

This year, the report on government’s work of Premier Li explicitly points out promotion of new energy cars, governance of motor vehicle exhaust and enhancement of oil standard and quality. Furthermore, government’s report mentions many times energy conservation, emission reduction and environmental protection, which manifests government’s resolution. Therefore, development of new energy cars will become the top priority in managing environmental pollution and development of auto industry.

It shows that state will promote new energy cars’ development, mass production and popularization. New energy cars are bound to be the developmental trend of future automobile industry. The development will boost a series of related industry. Especially for hybrid energy cars, electric cars and fuel cell vehicles, small driving motors with high-power is necessary, which demand a great deal of permanent magnets .

Hence, it is simple to calculate that how many rare earth metals hybrid cars need. In the near future, hybrid energy cars will become a mainstream of car market. In addition, electric cars, similarly, consuming a lot of rare earth, now are tending to be gradually popular.

In fact, the importance of rare earth to future car industry is obvious. In 2015, sales of new energy cars have exceed 500 thousand.

Because of close relation between rare earth and new energy cars, development of new energy cars has been put on agenda of government’s work, which undoubtedly gives wings to rare earth industry. Some data shows that utilization of rare earth multiply from the appearance of new energy cars in our country.

China Rare Earth Magnet Limited
Tags: Rare Earth Magnet

A New High Temperature Resistance Magnet of Hafnium Alloy without Rare Earth Develop by US

Permanent Magnets Manufacturer China Rare Earth Magnet Limited

It is reported that US National Renewable laboratory has fund a new permanent magnet alloy and assert that this alloy are not contained rare earth but can also working at high temperature.
Oak Ridge National Laboratory did research about advanced materials. This Lab shows that they have fund a new permanent magnetic alloy from Hafnium cobalt and boron. Most of magnets that can resist high temperatures are made by samarium and cobalt.
Michael McGuire, a co-developer of Oak Ridge National Laboratory said that this alloy is as good as those permanent magnetic alloys which are not contained rare earth materials for it can also work in condition of high temperature. Additionally, this new permanent magnetic alloy could guarantee operating in extremely high temperature which other materials containing rare earth can not. At present the application of patent is still up in the air, scientists believe that the new alloy can relieve the potential pressure of supplying professional magnet in the new energy industry. They also believe that scientists can solve the shortage of rare earth in the future and reduce the processing cost of these elements.

China Rare Earth Magnet Limited

Tags: Rare Earth Magnet