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Wednesday 08 May, 2013 | RSS Feed

NdFeB is the most important applications of rare earth

by Administrator | 2442 comments

China's rare earth products are mainly used in rare earth permanent magnet materials, luminescent materials, catalytic materials, hydrogen storage alloy and rare earth polishing powder field of new materials, and metallurgical machinery, petrochemical, glass, ceramics, agriculture, textile and other traditional areas.

Last year's rare earth materials prices rose sharply, leading to the sintered NdFeB cost several times the growth. Surge in the prices, NdFeB factory capital chain overwhelmed, operating face enormous risks.

The price of rare earth materials directly result in the NdFeB price volatility. 2012, Nd-Fe-B downstream customers panic orders, the NdFeB Price and rapid decline, indirectly cause uneven NdFeB manufacturers busy.

Although rare earth prices declined, but last year a lot of getting goods at high prices, eventually leading to not sell NdFeB manufacturers are still on the sidelines, reluctant to attempt to buy the raw materials, rare earth prices continued to decline, the shot without different from the high-priced store goods, damaged profits.

Downstream chaos as the NdFeB upstream raw materials, in January 2012, praseodymium, neodymium prices also only 28, dysprosium iron price of 1,500. In June last year, the price of praseodymium neodymium directly soared to 160 nearly six times the rate of increase; praseodymium neodymium prices soared to 14,300 the rate of increase of nearly 10 times.

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