Low Carbon Economy Boosts Development of Neodymium Industry

Permanent Magnet Manufacturer China Rare Earth Magnet Limited

In recent years, booming insidiously in domestic, low carbon economy has gradually become an important economic form. China governments have been offering active guidance and strong support to the development of low carbon economy, such as launching multiple favorable policies which sharply increase demand of neodymium magnet materials. It is expected that demand of NdFeB permanent magnets, by 2014, will reach 126,000 tons rising 15% year-on- year.

According to research studies, a hybrid vehicle consumes 2.5 kg neodymium permanent magnet material, and a pure electric car 5kg. The huge demand of neodymium iron boron magnets for new energy automobile will boost the development of NdFeB magnet, especially high-performance NdFeB rare earth magnets.

With quantity and quality, China neodymium magnetic products make a stricter standard for quality inspection. Manual inspection, easily affected by subjective emotion, may lead to errors or misdetections and safety of automobile can never be neglected. Therefore, methods of automated inspection, with intelligence, speed, accuracy and efficiency, have become a superior choice.

It is understood that Peking Lingbang Instruments, for the purpose of meeting diversified demands of neo permanent magnetic products, researches and develops apparatus used for inspecting NdFeB products’ dimension and appearance. It can work without a break for 24 hours everyday with its detection efficiency reaching 150-300pcs/min, which is able to inspect neodymium magnet products in large quantity. Also, this apparatus can implement full inspection to dimension and appearance defects of NdFeB products as well as automatic selection of qualified and unqualified products, avoiding errors and midsection. Its detection precision can reach within 10 micron which guarantees high quality detecting requirements of high-performance magnets.

Spurred on by new energy automobile, neodymium permanent magnet industry gradually restores growth. By 2020, the growth of demand of NdFeB worldwide will be stable at 10% or even more. Development of the whole industry will stimulate upgrade and progress in producing and processing as well as quality inspection.

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