2014年10月16日星期四

Market Analysis of Rare Earth Permanent Magnet Motor of 2014

One of Leading China Magnet Manufacturers – China Rare Earth Magnet Limited

Brushless DC motors are the products combining modern material science, electric power science and motor controlling theory. Rare earth PM motors are using magnet filed that produced by neodymium permanent magnets materials to replace magnet field produced by excitation current of traditional motors, make PM motors simplified, reliable, small, light, and efficient, with low energy consumption. Because of various appearance and size, NdFeB motors have fast development.

Development and application of rare earth permanent magnet synchronous motors expands the application of diversified sectors of PM synchronous motors, with its salient features of light type, high performance, high efficiency and energy conservation. High-performance neodymium iron boron magnets are the basis of new technology and high-tech industry. It combines with power electronics technology and microelectronic controlling technology, which can manufacture all kinds of electromechanical products with high performance, such as NC machines, machining centers, flexible production lines, robots, electric mobile, high-property household appliances, and computers and so on.

Development and application of NdFeB permanent magnet motors enter new level, with improvement of heat stability and decay resistance and decline of price and enhancement of technology of electric power and electric device. It gradually broadens new areas of high power, high property and mini type.

Neodymium magnets develop rapidly domestically, with rich sources of rare earth, improving quality and declining cost of permanent magnetic material, which is the fundamental of manufacturing PM motors with great power, giving us competitive edge both in domestic and international market.

In January to May in 2014, industrial output value of permanent magnet motor industry has reached 15.562 billion, rising 24.2% year on year. In 2013, industrial output value of motor industry had reached 28.86 billion, rising 17.2% year on year.

After China joins WTO, among domestic various industries, neodymium PM motor industry is strongly impacted by imported products. In 2014-2018, brand structures of sintered NdFeB magnets will possibly have a big adjustment. Sales of foreign brands will gradually fall off, while sales of domestic brands will rise steadily. Now, it is a special developing period of PM motors. With promotion of first-line brands, brand concentration will be higher and higher. But if the third or fourth-line brands don’t pay much attention to the terminal image and improvement of self brand, they will fade away gradually from the production stage.

On the other hand, homemade neo permanent magnet motors have some obvious advantages in some other aspects. Due to the long period of imported NIB PM motors, homemade ones are much more flexible. And besides duty and freight cost, homemade motors have superior advantages.

According to Report of China Rare Earth PM Motor Industry 2014-2018, the ability of market adapting is becoming stronger and stronger. We have the advantages of low cost of labor force and skilled worker. With the development of rare earth magnet, we now already have industrial supporting ability, excellent service level and stable industrial environment. All these are favored by the international buyers, which are irresistible advantages. Meanwhile, enterprises of permanent magnet will expand export, increase market share. This industry is becoming mature.

China Rare Earth Magnet Limited
Tags: Permanent Magnet, Rare Earth Magnet, Motor Magnet, Neodymium Magnet

2014年10月10日星期五

China Neodymium Rare Earth Permanent Magnets Manufacturer

Neodymium permanent magnet can bring smaller motors and generators with higher property, but its problem is that its manufacturing process is expensive and multi-step.

Researchers from Northeastern University declare that they have invented a cheap and green manufacturing process with only one step to produce SmCo magnet. The decline of manufacturing cost of strong magnets will bring a new type hybrid automobile with smaller and cheaper motors. Also, it enables permanent magnets to be used in field of aerospace and aviation.

C.N. Chinnasamy, the chief scientist of Microwave Magnetic Material and Integrated Circuit Centre of Northeastern University, announced that SmCo with the strongest property among rare earth magnetic material can be manufactured by recyclable chemicals. This manufacturing process can be applied to mass production, and its manufacturing cost will be cheaper than that of existing manufacturing methods.

Chinnasamy says: “China permanent magnet can be used in small motors and generators with high property which can work under high temperature environment, which is quite important to NASA and the Ministry of Defense. With this manufacturing method, this material can bring economical manufacturing cost.”

Chinnassamy carries out this research under the leadership of Vincent Harris who is the director and chief researcher of this research centre.

Harris proclaims that SmCo magnet is suitable for use in aviation turbines because its temperature is too high for other rare earth magnet. Not only is the cost of Chinnassamy’s one-step manufacturing process cheaper, but its chemicals used for producing SmCo permanent magnets is recyclable and environment friendly. Therefore, it is very suitable for use in large-scale production.

These researchers invented nanotechnology to manufacture these rare earth magnets which can displace other existing expensive and multi-step metallurgical technology. Among existing methods, metallurgical technology fuses Co and Sm with accurate proportion, but they have to be fused under vacuum environment in case of oxidation, which greatly increase the cost.

According to USA Northeastern University, Sm and Co, with accurate proportion, dissolve in a kind of high temperature solvent. During the dissolving process, they produce magnet nanometer blocks, extremely tiny doublets whose size is only10x100 nanometer, subsiding at the bottom of the solvent. Then, they cover PVP which can avoid oxidation on nanometer blocks with black magnet powder forming. This magnet powder can become strong permanent magnet in strong magnet field.

Other method, used for producing nanometer block doublets, also can work successfully under high temperature, but under room temperature, property of this rare earth magnet will be poor. However, researchers of Northeastern University declare that, their methods can work well no matter it is under room temperature or high temperature, which can, therefore, bring small motors equal large engines.

China Rare Earth Magnet Limited
Tags: Permanent Magnet, China Magnet, SmCo Magnet

2014年10月7日星期二

China Neodymium Permanent Magnets

Investment Strategy of China Rare Earth Permanent Magnet Industry in Q4 2014: Reduction of Barriers of Market at Home and Abroad Driving Growth of Magnet Industry 

Reduction of neodymium magnets export-monopolization promotes real growth of export. 
Neodymium iron boron is a product of high technology content, whose core technology has been being monopolized by Japan. With rapid development of NdFeB permanent magnet technology in domestic, more and more voice of manufacturers can be heard, which brings breakthrough of barriers and growth of trade export. But the key problem which needs final resolution is technological progress. Only in this way can it bring effective export growth.

Elimination of local barriers of new energy cars has beneficial effect on long-term growth. 
Due to the huge market demand, new energy cars in domestic have rapid development trend worldwide. With the open-up of new energy car category in China, new energy cars will have full competition nationwide, which leads to a health and long-term development.

The growth of wind power equipment promotes growth of permanent magnet industry.
Wind power equipment covers about 30% demand of neodymium magnets, whose growth trend has definitely impacted by policy. Due to impact of upgrading consumption, the growth trend will keep fast, stably promoting demand of magnet industry.

Estimated premium rate of rare earth permanent magnet keeps continuous fluctuation at a high-level. 
In the first half of this year, PE valuation of rare earth magnet industry, comparing with premium rate of Hushen 300 index, has a continuous rise, even hitting new highs. The strong subsequent rising potential of the whole industry, after going through the fluctuation at present, will keep stable growth in the long run.

Investment Advice

In the next six month, rare earth magnet maintains overweight rating. 
There are reasons for maintaining permanent magnet overweight rating. First, government has clear attitude toward eliminating or reducing barriers of industry in domestic and abroad. With full and fair competitive environment, technology at home improves rapidly, bringing health and efficient industrialization. Therefore, new energy cars can has long-term and continuous stimulus for permanent magnetic industry. Second, with mature technology of wind power equipment, government holds clear goals for its growth, and it has a great pulling effect. With the economic transformation, the demand of upgrading consumption of energy-saving elevator, household electrical appliance and information equipment will keep continue. But its process will be slow; therefore, its effect on permanent magnets industry will be stable. Third, during the whole process of economic structure transformation, consumption will continuously upgrade, and the worst stage of weak consumption will gradually move away. So magnet industry has bright prospect with short-term rise or fluctuation.

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