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Low Carbon Economy Quietly Heating, NdFeB Surge in Demand

Low carbon green economy, quietly heating up at home, is becoming an important economic form in recent years. The Government has been actively guiding, and vigorously supporting the development of low-carbon economy, and introduced multiple positive policies in the new energy vehicles which significantly boosting the demand for high performance NdFeB permanent magnet. Predicting NdFeB demand will reach 126,000 tons with year-on-year growth of about 15% in 2015. MIIT officials said: the next ten years authorities will invest 100 billion Yuan to build a new energy automotive industry chain; the experts said the new energy vehicles will be widely used in 2015.

As released the second batch of new energy vehicles to promote the city, a total of over 70 cities nationwide, is expected to demonstrate plan in these two group cities to the volume 330,000 in 2015.

According to the study report, NdFeB material consumption for each hybrid vehicle is about 2.5 kg and for each pure electric vehicle is 5 kg. NdFeB high demand of new energy vehicles will detonate development of NdFeB, especially high performance NdFeB.

To produce high quality and great quantity NdFeB products, it will set higher requirements for quality testing. Automobile safety issues cannot be underestimated. So it can’t be ignored the error detection and undetected results caused by susceptible subjective emotions when manual inspection. Thus, smart, fast, accurate and efficient automated detection methods become inevitable choice.

It is understood that Beijing collar state apparatus against the diverse needs of NdFeB products, developed the "NdFeB workpiece dimensions visual inspection" equipment, detection efficiency of 150 to 300 / min, for 24 hours a day, to meet NdFeB testing of products in large quantities. NdFeB can size, appearance defects implement effective seizure, and automatically sorted qualified and unqualified products, to avoid the error detection, the occurrence of undetected cases. Detection accuracy is up to 10 microns or less, to reach high quality testing requirements of high-performance NdFeB. Under the new energy vehicles driving, the NdFeB industry gradually shows a return to growth in 2020, the year on year growth of NdFeB worldwide demand will be stabilized at above 10%.

Contact information
China Magnets Source Material Limited
Tower B, Qiongzhu Building,
Huawang Rd,Longhua District,
Shenzhen,China
Tel: +86 755 28174720
Fax: +86 755 28174720