To be a world-class magnet supplier
One of the most important areas of application of rare earth permanent magnet NdFeB material support modern electronic information industry base material, and is closely related to people's lives, as small as watches, cameras, tape recorders, CD players, VCD players, computer hard drives, CD-ROM drive , large vehicles, generators, medical equipment, permanent magnetic materials everywhere. It is due to the widespread application of rare earth permanent magnet materials, the size of many electronic products is further reduced, a significant improvement in performance. A global rare earth permanent magnet industry Recent In recent years, due to the high cost of production in developed countries, and the international market magnet prices declining in these countries to continue production of the magnet has been difficult to sustain, the Western developed countries, the United States, Europe Magnets have industrial restructuring, the NdFeB industry, the international situation has undergone a major change. Sintered magnets in 2000 the U.S. Ugimag sold Magnequench in 2003 Magnequench industry restructuring to turn off Magnets shift production to China. The beginning of the 21st century, the British Morgan Group acquired subsidiary of Germany's Siemens the vacuum smelting the company (Vacuumschmelze or VAC) and crucible company, but in June 2003, Morgan Group closed the crucible (Crucible). In 2005, Morgan Group the vacuum smelting company in Germany sold to JPMorgan U.S.. Currently, the rare earth industry in the United States from its former glory to all of today's decline. In Europe, only two manufacturers of sintered Nd-Fe-B, a the vacuum smelting company in Germany, the one in Finland Neorem company. In June 2003, the Hitachi Metals to buy shares of Sumitomo Metal Sumitomo Turgeon, the world's largest NdFeB production enterprises, and on April 1, 2004 renamed as NEOMAX the stop Hitachi Metals magnet production in the United States .April 1, 2007 NEMOMAX delisting in Japan, became the wholly owned subsidiary of Hitachi Metals. Japan there are two companies, a TDK, which is a veteran of magnetic materials production enterprises; there is a Shin-Etsu Chemical. NEMOAX, TDK and Neorem in China has been established the magnet after processing base. Germany VAC Zhong Ke San Huan cooperation, The sintered NdFeB joint venture was established in Beijing in 2005. In addition to Europe and Japan, all the rest of the sintered Nd-Fe-B magnet manufacturers in China. Since 1990, global output growth of sintered Nd-Fe-B magnet rapidly, maintaining an average annual growth rate of about 25%. Into the 21st century, Japan, the U.S., Europe and other developed countries, the development of rare earth permanent magnet industry stalled, but because of the extraordinary development of China's rare earth permanent magnet industry, making the world's rare earth permanent magnet industry still maintained a rapid growth trend. In 2005, the global sintered NdFeB production of 42,300 tons, China's output of 33,000 tons, accounting for 78% of world production, has maintained a strong growth momentum. Japan sintered NdFeB magnets marking time in maintenance state. The U.S. After the 2004 demise of sintered Nd-Fe-B magnets. Bonded magnets, most of the world's production capacity is concentrated in Japanese companies. Representative of the two companies, a Seiko Epson, their production has all Go Magnets Shanghai the Epson magnetic devices Co., Ltd.; another Tatung Co. of Japan. In the application of computer hard disk drives (HDD) spindle motor, Datong and Shanghai Epson two companies accounted for more than 90% of the entire market share. The end of 2002, Zhong Ke San Huan shares of Shanghai Epson Magnetic Devices Co., Ltd., in March 2004 to further expand the options, Zhong Ke San Huan holds a 70% stake in the company, becoming its largest shareholder. Aetna Technology March 2003 acquisition of a Taiwanese the Hain Company, Shenzhen Hain MAG is a high technological level of the bonded magnet factory, and the domestic grew up in Chengdu Galaxy, of bonded magnets enterprises excluding Japan Datong In addition, the rest in China. 18% average annual growth rate of the world's production of bonded NdFeB magnets, basically maintained a steady growth. 2005, while global Bonded NdFeB magnet production in 2004 declined slightly (about 1%), but China's bonded NdFeB production to maintain a 11% growth. China Bonded NdFeB magnet production has more than 40% of global production, led to the development of the global industry. Second, China's rare earth permanent magnet industry status To the end of 1983, less than 10 domestic rare earth permanent magnet manufacturers, along with the development of the third generation of rare earth permanent magnet NdFeB magnets, a large number of factories after 1985 emerged. According to preliminary statistics show that the country rare earth permanent magnet production enterprises hundred four annual production capacity of over 3000 tons annual production capacity of 1000 tons -3000 tons, 6, 500 tons -1000 tons 8. Shanxi due to the unique natural and low-cost, has been formed with the Shanghai-Hangzhou area, the Beijing-Tianjin region of China Trilogy pattern of rare earth permanent magnet industry. In 2004, Shanxi set off a the sintered NdFeB production of investment climax the province within a year, 30 new factories near the rough factory has reached more than 60. Ten years since 1985, the national authorities and local government support and guide the joint efforts of the national rare earth permanent magnet industry workers, China's rare earth permanent magnet industry has made tremendous achievements and development. In 1996, the global sintered NdFeB production of 6250 tons, China's production of 2600 tons, accounting for 29% of world production; 2000, global production was 13,940 tons, 6500 tons in China, accounting for 47% of world production; In 2005, global production of 42,300 tons and 33,000 tons in China, accounting for 78% of world production. 2006 rare earth raw materials rose more than doubled, but due to strong market demand, the production of sintered NdFeB remains a considerable degree of growth, the sintered NdFeB production reached 39,000 tons. Since 2003, through the efforts of Zhong Ke San Huan into the magnet material to Japan, Europe and the United States and other developed countries for a long time the monopoly of the NdFeB high-end applications - computer hard drive voice coil motor (VCM) application market; At present, Ningbo Yunsheng also involved in the VCM magnet. Zhong Ke San Huan NdFeB magnets has been successfully applied in a high-end applications - automotive application areas, ignition coil, electric power steering, airbag sensors and other auto parts; same time, Beijing magnetic Company, Division tricyclic, of Ningbo Yunsheng and Shanxi constant magnetic products has also entered the field of magnetic resonance imaging device. Marked the end of China's rare earth permanent magnet products above market entry of several rare earth permanent magnet high-end applications, the unfavorable situation in the past, most confined to low-end applications market, really started with Japan, Europe and the developed countries Magnets giant compete for high-end applications market. Bonded NdFeB magnets global production in 1996 to 1320 tons, China's output was only 50 tons; 2000, global Bonded NdFeB production reached 3150 tons, 620 tons in China, although the proportion of the total world only 20%, but the average annual growth rate has reached 60%. In recent years, China's rapid growth of bonded NdFeB production, with an average annual growth rate of more than 40%. According to the latest statistics, in 2005, China's bonded NdFeB production reached 2,100 tons, accounting for 47% of global production. Since the the tricyclic 1993 patent license purchased Sumitomo Corporation of Japan and the U.S. General Motors Company, became the first magnet NdFeB product sales patent license enterprise. Since 2000, the domestic has there four NdFeB magnets enterprises to purchase the patent, respectively of Beijing magnetic, silver sodium Jinke, Ningbo Yunsheng and Advanced Technology. For the protection and rational use of China's rare earth mineral resources, and strong execution of the national macro-control policies, norms and rectify the order of the mining of rare earth industry was completely overhauled. Since 2005, rare earth prices continue to rise, resulting in the supply of rare earth neodymium and praseodymium. Due to increased demand for rare earth permanent magnet motor, especially environmental green hybrid electric vehicles, driven by the motor with a high operating temperature sintered NdFeB use of a sharp increase in supply caused by a certain pressure to the heavy rare earth Tb, Dy. Rare earth raw materials prices rose sharply, the appreciation of the RMB has brought a greater negative impact on the domestic and NdFeB industry, especially for the production of low-end products of the factory are facing greater challenges. In recent years, China's rare earth permanent magnet production equipment has made significant progress, especially in meeting some new equipment Production breakthrough such as domestic accelerating flakes furnace and hydrogen broken furnace has been used in some magnet production plant. Some permanent equipment manufacturers in developed countries is also aimed at this treasure of China, have set up production bases in China, but also brought opportunities and challenges to China's permanent equipment manufacturers. September 2004, the Shenyang North Vacuum Technology Co., Ltd. and Japan vacuum Corporation jointly invest in the construction of advanced vacuum furnace production base in Shenyang High-tech Industrial Development Zone, the first batch of continuous sintering furnace and quick-setting sheet furnace has begun to market .