China Rare Earth High-tech park is established as a “foundation of rare earth permanent magnet new materials,” focusing on rare earth magnet materials, hydrogen storage materials and polishing materials, which greatly pushes the development of rare earth industry, maintains the stable industrial development and realizes the improvement of quality and efficiency.
Production of rare earth increases by 70% year-on-year.
Production of neodymium magnets increases by 200% year-on-year.
Rare earth projects constantly settle in the park, which will gradually become the biggest platform of rare earth industry.
Rare Earth High-tech Park was set up in 2008, of which main products are rare earth permanent magnet material, hydrogen storage material, polishing material, light materials and rare earth alloy.
In today’s world, China rare earth permanent magnetic materials have become the key material for supporting global high-tech development.
Optimizing Projects and Promoting Transformation
Firstly, permanent magnet projects should be promoted. Some manufacturers start production of neodymium magnet projects. Till now, there have been ten manufacturers in the High-tech Park.
Secondly, polishing material should be transformed. In 2014, China manufacturer successfully trail-produced rare earth polishing liquid products, which now has been installed. Some manufactures trail produced polishing powder, of which production increases by 62.3% year-on-year.
Thirdly, establishment of rare earth neodymium new material should be accelerated. The investment money of rare earth experimental base has exceeded 100 million Yuan, which is now the biggest transforming platform of creative achievements.
In 2015, the new year, Rare Earth High-tech Park will continue launching subsidy policy, accelerating establishment of project of surface treating of rare earth permanent magnets material, positively promoting rare earth working projects and pursuing efforts on attracting investment of rare earth industry.
China Rare Earth Magnet Limited
Tags: China Magnet, Permanent Magnet, Rare Earth Magnet, Neodymium Magnet
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