China records new highs in exports of NdFeB powder and rare earth magnets

January 6, 2015

Data published by the China General Administration of Customs shows that the country’s exports of rare earth permanent magnets, including NdFeB powder, increased by nearly 23% in the first nine months of 2014 to 21,543 mt. The export value was put at $1.229 billion, an increase of 7.7% over the same period in 2013, and the average price per kilogram for all NdFeB-based products was put at $57.1.

As can be seen in the table the export of both rare earth permanent magnets and NdFeB powder increased considerably in the period to 16,225 mt (+16.7%) and 4,067 mt (+82.7%) respectively.

Rare earth magnets, the bulk of which comprise NdFeB materials, are widely used in high-tech or green products such as hybrid or electric cars, wind turbines, industrial robots, high speed trains, medical equipment and consumer electronics. The increasing exports of Chinese NdFeB products is an indication of the gradual increase in the domestic production of high performance, price competitive magnets to meet demand in the various end-user sectors.

Total NdFeB output in China was estimated at 91,400 tonnes in 2013 which accounts for over 90% of global output. China’s high performance NdFeB output reached 22,000 tonnes in 2013 representing a 54.3% share of the global total.

rare-earth-tab-1

Exports of Rare earth NdFeB products from China – January-September 2014


Powder Metallurgy Review magazine:

Your email address:


Useful links: Download PM Review magazine | News headlines | Browse articles 


Powder Metallurgy Review magazine cover

In the latest issue of PM Review…

Download PDF

Extensive Powder Metallurgy industry news coverage, and the following exclusive deep-dive articles and reports:

  • Hot Isostatic Pressing for the production of large, near-net shape components
  • Safeguarding PM part usage in a new automotive industry
  • How to make metal powders., Part 3
  • Company profile: Jiangxi Yuean Advanced Materials

The latest news from the world of metal powders, delivered to your inbox

Don't miss any new issue of PM Review, and get the latest industry news. Sign up to our weekly newsletter.

Sign up

From the industry…

Discover our magazine archive…

The free-to-access PM Review magazine archive offers unparalleled insight into the world of Powder Metallurgy from a commercial and technological perspective through:

  • Reports on visits to leading PM part manufacturers, metal powder manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.

 

Browse the archive

 

Looking for PM production equipment, metal powders, R&D support and more?

Discover suppliers of these and more in our
advertisers’ index and buyer’s guide, available in the back of PM Review magazine.

  • Powders & materials
  • Powder process, classification & analysis
  • PM products
  • Atomisers & powder production technology
  • Compaction presses, tooling & ancillaries
  • Sintering equipment & ancillaries
  • Post-processing
  • Consulting & toll sintering
Download PDF
Share via
Copy link