NdFeB Rare Earth Magnets Price May Be Drop According to the Mining.com website, Rosikll’s latest report predicts that by 2029, the share of NdFeB rare earth magnets will increase to 38%. The reason is that this kind of magnet has become a new energy source, such as electric vehicles, wind turbine generators, and other electric [...]
Magnetic Materials Market by Type & Application – Global Forecasts to 2020 The global magnetic materials market is projected to reach USD 96.00 Billion by 2020, registering a CAGR of 9.6% between 2015 and 2020. The growth of the market is primarily driven by the automotive industry. Automobile uses magnetic materials in various parts, such [...]
Rare earth metals price trend in 2nd half of 2017 Since early of 2017, the cost of raw material for Neodymium magnet started rising, PrNd metal rised from 325,000 RMB/ton to 680,000 RMB/ton, DyFe metal rised from 1,200,000 RMB/ton to 1,500,000 RMB/ton. Rare earth metals price trend in 2nd half of 2017 A [...]
