China Still Dominates Rare-Earth Processing

By: Stanford Magnets  04/03/2014
Keywords: Neodymium Magnets, Rare Earth Magnets

China has been playing a major role in the supply of rare earth magnets to the world industry. However, their recent cut downs in the exports have made several doubts in the people’s minds whether they still hold the number one place for rare earth magnet exports. According to the researches, China’s share of world rare earth material output has been shrinking over the past few years because the miners were worried about the governments control in global supply. These miners have also mentioned that China is following a polluting process after cutting down exports by converting the useful ingredients.

Even though with these restrictions, no other country in the world has been able to surpass China with the rare earth magnet exports. The statistical records show that China still holds about 80% of the market of specialized magnets like neodymium. These rare ingredients are used in the manufacturing process of elevators to motors to cruise missiles. However, this is a significant drop in the exports, when compared to the 93% market that they had three years ago.

United States is the largest consumer of these rare earth magnets and they are strongly affected by the cut down of supply from Chinese government. At the moment, the US government is working in order to handle the difficult middle stage process that can motivate China to enhance their exports along with profits. However, it has been reported that US government has to spend a lot of money on this process and they are planning to go for an alternative option as a result of that.

In the year 2010, China shocked most of the high technological industries by reducing the export of 17 rare earth elements. This also created a new path for the illegal exports and at the moment a large percentage of those materials are exported to large scale contributors illegally. However, China is still holding their dominance in the industry and experts predict that they will continue holding it for the next few years as well, even with these restrictions.

About Stanford Magnets.
Based in California, Stanford Magnets has been involved in the R&D and sales of licensed Rare-earth magnets, Neodymium magnets and SmCo magnets, ceramic magnets, flexible magnets and magnetic assemblies since the mid of 1980s. We supply all these types of magnets in a wide range of shapes, sizes and grades.

Keywords: Neodymium Magnets, Rare Earth Magnets

Other news and updates from Stanford Magnets

05/19/2014

Facts about rare earth magnets

Rare earth magnets are solid, perpetual magnets, which are made of combinations of extraordinary earth components.


05/16/2014

Why are people so attracted to rare earth magnets like neodymium?

One can without much of a stretch discover a neodymium magnet in a hard plate of a machine, earphones, and uproarious speakers to name a couple.


05/15/2014

The rise in commercial usage of rare earth magnets

Rare earth are particularly weak and most powerless to erosion, a defect which is amended by covering to secure them against breakage or chipping.


05/14/2014

The Forthcoming of Cerium Shakes the Permanent Magnet Industry

To reduce processing costs, miners should be able to sell rare earths that they mine and not just what is wanted the most.


05/11/2014

Cell phones and televisions powered by rare earth magnets

Did you realize that the color pictures for mobiles and TVs are generated by rare earth components, for example, praseodymium, cerium and lanthanum that additionally make magnets lighter, adjust the colors of fluorescent lights and add to wind turbines and the regenerative brakes of mixture autos?


05/09/2014

Rare Earth Magnets And You

This new circumstance has made extreme enthusiasm toward discovering other minable mineral bodies in different parts of the world and in exploration with the purpose to discover potential substitutes for these magnets.


05/08/2014

Magnetic Electricity Industries Applications

Using magnetic monopoles that are found in unique ice crystals are used;this is the first time something like this has been done.


05/07/2014

How Neodymium Magnets Are Improving Our Lives?

Whether you need to inspire somebody with an astounding blessing, you need to enhance those enchantment abilities or on the off chance that you simply require magnets for your business, now you know all the subtle elements and employments of the revolutionary Neodymium magnet and how this stunning disclosure enhanced our lives.


05/06/2014

How Are The Neodymium Magnets Being Produced?

There are two separate procedures that are utilized to prepare neodymium magnets; the established methodology and fast cementing.


05/05/2014

Are Rare Earth Magnets Really “Rare”?

Notwithstanding the name given to this aggregation of components, they are not especially rare whatsoever; they are really show in numerous mineral stores around the globe.


04/30/2014

Relationship Between Rare Earth Magnets And Healthcare

Interestingly enough, magnets have been utilized within medicinal services for several hundreds of years. The old recorded history of magnets being utilized for medicinal objects is followed over to Africa, where a magnetite mine has been uncovered.


04/24/2014

Cerium And How It Affects The Permanent Magnet Industry

At present, we have entered an era where development of new applications using rare earth materials is not that popular; however, the existing applications have created a huge demand for the market.


04/24/2014

Permanent Magnet motor puzzle solved by a German Inventor

The vitality utilized for charge, then again, is not what keeps the magnet meeting expectations.


04/22/2014

An Overview of The International Permanent Magnet Market

The permanent magnet market has experienced significant growth over the past few years. The demand for these magnets are increasing day by day because they play a major role behind energy and automotive sectors.


04/14/2014

The Future of Cerium And Its Effects On The Permanent Magnet Industry

The current trends in rare earth mining are the catch phrase elements of neodymium, samarium, dysprosium, and terbium;these are the most common, seeing worldwide demand rising from applications in mobile device production and demand.