Due to the mix of China’s abundance of rare earths and their capacities for production, the cost of labor, and stringent environmental regulations, large mining companies such as Molycorp closed one after the other. With the decreased pool of international competitors, China began to hold more power in the distribution of rare earth products.
Big Capacities for Rare Earth Magnet Production
As the increasing permanent magnet demands for tech products, the number of Chinese companies involved has grown rapidly. More and more companies come to improve production technology and equipment. At present, China has more than 20,000 rare earth patents and produces more than 90 percent of the world’s rare earth magnets.
China Magnets Source Material Limited has been producing cost effective permanent rare earth magnets for our global partners since 1990. Our highly skilled staff has extensive experience in providing solutions to your any need of rare earth magnets and drives our goal of continuous improvement and innovation.
Click here and see what rare earth magnets we made for CERN’s accelerator.
Whether you want to purchase rare earth disc magnets wholesale, large rare earth magnets or custom rare earth magnets, we’ll be glad to supply them.
WHOLESALE POT MAGNETS | ARC MAGNETS FOR MOTORS | CUSTOM NEODYMIUM MAGNET SHAPES | NEODYMIUM MAGNETS WITH ADHESIVE | N42 MAGNETS FOR SALE | SAMARIUM COBALT MAGNETS FOR SALE
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