Environmental protection and energy saving NdFeB industry wiil gain high-speed development

　　In the global high oil price era, the entry into force of the Kyoto Protocol as well as the world growing importance of environmental protection and energy saving, energy saving is becoming an important factor influencing countries in the development of manufacturing industry, and NdFeB Magnets are one of the main raw materials to manufacture environmentally friendly energy-saving products.

　　Such as the application of NdFeB Magnets in the field of automotive, compressor, turbine and so on, it is out of the consideration of environmental protection and energy saving. NdFeB magnets industry is becoming a new sunrise industry of environmental protection.

　　We expect that in the next 3-5 years, the annual demand growth rate of NdFeB Magnets is about 20%. The growth comes mainly from several areas: the traditional automobile industry, information technology industry, nuclear magnetic resonance imaging industry and machine tool industry.

　　In the increasingly nervous energy era, converting wind energy into electric energy will undoubtedly be subject to government policy support, wind power currently in Europe has been implemented on a large scale, is still at the initial stage in our country, before the 1 MW unit uses neodymium iron boron at approximately 1 tons, thanks to the rapid growth in wind power industry, the amount of NdFeB Magnets in the wind turbine will also be in a rapid increase.