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2015 magnet industry in China investment prospect

According to magnet industry understanding, recently, along with the new energy vehicles and wind power and other industries to support the strengthening, neodymium-Iron-Boron magnets as part of its upstream industry welcome the new round of development opportunity, opportunities, many ND-Fe-b manufacturer or expanding production capacity, or technical, to borrow the East wind to achieve rapid development. Now to 2015 investment prospect magnet industry in China.

On May 24, the President XI Jinping during the visits SAIC noted that developing new energy cars is the way of automotive power from car powers towards China, heralding a new energy vehicles will become the mainstream of the development of China's automobile industry. Statistics showed that in 2014, the new-energy auto production reached 75,000 units, average car consumes 7 kg magnets, industry experts expect new energy vehicles in 2015 and 2016 will present the exponential rise, when the demand for neodymium-Iron-Boron magnets will also rise sharply, neodymium-Iron-Boron magnets effect is huge.


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