What has decided the Chinese magnetic material industry's advantage?

　　Rare Earth Magnets manufacture tells us that, In fact, we all know that China is vast in territory and abundant resources, metal and rare element mineral resources are very rich, has abundant natural resource advantages of raw materials, various raw materials, required by magnetic materials industry, almost can be gain satisfaction.

　　Magnetic material industry cannot leave earth. Because the rare earth magnetic materials cost is accounting for the cost of 30%, while China is the hometown of rare earth, 80% of the world's rare earth reserves in China, so China rare earth resource advantage decides the Chinese magnetic material industry's advantage.

　　According to the Rare Earth Magnets manufacture, we know that China currently has 1096 magnetic material production enterprises and associated enterprises, wherein the ferrite production enterprise 359, rare earth magnet and metal magnet production enterprise 226, remaining for equipment manufacturing enterprises and auxiliary materials production enterprises.

　　Ferrite production enterprise of permanent magnets has197, output of 410000 tons ( 360000 tons of sintered magnet, bonded magnet 50000 tons ), soft ferrite production enterprise 162, output of 300000 tons ( 260000 tons of zinc, nickel zinc and magnesium zinc 40000 tons ), neodymium iron boron magnet 40000 tons, aluminum nickel and cobalt metal magnet 3500 tons.