Why does China want to restrict the export of neodymium magnet’s material?

　　 In the neodymium magnets manufacturing issue, as many reports said, leaving China is impossible. This is because most of Dy, mixed in the magnet, is mined in China, but China has already started to restrict it for export. In this limit, Dy metal supply in the market reduced, the results of the 2011 July Dy metal prices rose to $3100 /kg, which is reached10 times, compared with 1 year ago.

　　So, why does China restrict export?

　　To this question, there are all kinds of speculations. But Japanese enterprises of manufacturing neodymium magnets have given the same answer: the reason is to get our neodymium magnet manufacturing technology. At present, the neodymium magnet share is almost monopolized by Japanese enterprises. But, as already noted, neodymium magnet manufacturing requires a large amount of accumulation of technology, and in this regard, that has accumulated is Japanese enterprise. In contrast, although China has indispensable and rich material of manufacturing neodymium, but it can not produce beautiful products.

　　Therefore, China presented the exchange condition of "as long as they set up factories in China, and teach us manufacturing technology, can we supply an abundant of raw materials. One of the specific policies is to restrict export. Of course, above is just the view of the Japanese magnet manufacturers.