Rubber Magnets-MaximMAG

Besides Neodymium magnets and magnet assembly, MaximMAG is also marketing lot of other magnetic materials at a good price and quality, rubber magnets is one of them.

Rare earth Upstream over-capacity exacerbate, the industry calls for strengthening management on sources

          On the 7th China Baotou rare earth industry forum, an insider pointed out that the rare earth upstream over-capacity has exacerbated in last five years, this has greatly effected the healthy development of the industry, in order to turn the tables strengthening management on sources is a must.

         Mr. Chen zhanheng, Vice Executive secretary of Association of China rare earth industry, said that over-capacity had long troubled the development of rare earth industry in China, before 2011 the capacity of the rare earth upstream products was from 0.18 million to 0.2 million tons, while when it flurished in 2011 and an investment boom in rare earth was happened, the capacity reached 0.3 million tons just at the end of the year 2011. An estimated 0.4 million tons rare earth upstream products' capacity was reached in 2014.

 

         Mr. Zhang anwen, vice executive secretary of Chinese Society of Rare Earths, said excessive competition due to large capacity of upstream products currently is seriously affect healthy development of the industry. For example: from July of 2011, our rare earth products experienced continuously falling on prices, most products' prices has fallen more than 70%, some even more than 80%. Currently lot of key rare earth companies are at a loss.

 

         The insider point out that over-capacity exacerbation is one of the main reasons why the rare earths' prices still goes down under an environment of continuous integration of rare earth industry. It is suggested that at the same time of pushing forward industry integration and intensify fighting against rare earths "black industry chain" , management on rare earth mining should be further strengthened.

 

(2015-08-09 15:43:24 xinhua net, Hohhot city, written by Ren huibin, translate by MaximMAG)

Main rare earth elements' prices 20150805

2015-08-05 from association of China rare earth industry, MaximMAG
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Series	Products	Fineness	Reference Price
Nd	Neodymium Oxide	≥99%	235000-240000 RMB PER TON
	Nd Metal	≥99%	320000-330000 RMB PER TON
Tb	Terbium Oxide	≥99.9%	2700-2800 RMB/KG
	Terbium metal	≥99%	3900-4200 RMB/KG
Dy	Dysprosium Oxide	≥99%	1250-1280 RMB/KG
	Dysprosium metal	≥99%	1680-1800 RMB/KG
	Dysprosium-Ferrum	≥99% Dy 80%	1280-1300 RMB/KG
Mischmetal	Praseodymium Neodymium oxide	≥99%   Nd2O3 75%	230000-235000 RMB/TON
	Praseodymium Neodymium mischmetal	≥99%   Nd 75%	295000-302000 RMB/TON

Neodymium Magnets in bridge shape

According to client's requirements, MaximMAG made a bridge shaped neodymium magnetic block to hold the small ceiling lamp. Although it is very small, it has great magnetic pulling force, as you may come to know MaximMag's residual magnetism of magnets can reach to 14.8 kGs.