Rare earth prices have risen again recently. If you want to ask how to deal with the rising prices of rare earths, the GBD process is an ideal solution for neodymium magnets and high-end neodymium magnets. The neodymium iron boron permanent magnet is made of rare earth. These rare earths are neodymium, Pra, and Ter. They are used to achieve the required magnetic properties. NdFeB rare earth magnets have excellent magnetic properties and therefore have the highest energy density. Due to its tetragonal crystal structure, the Nd2Fe14B compound can produce the highest magnetic energy product in the world, and even an energy density of 62MGOe. The application areas of NdFeB rare earth magnets range from simple clamping solutions for daily necessities to high-end applications in the aerospace industry. China Magnet Source Materials Co., Ltd. can produce permanent neodymium magnets for different applications.
Will Sm2Co17 Magnet be hit by US tariffs? Earlier this month, one of our American customers emailed us to explain their concerns because their customs broker told them about the impact of the trade war on Sm2Co17 Magnet exports, stating that the tariffs on Sm2Co17 Magnet would increase by 25 %. Rare earth is very important to American industry, so it is a rare earth magnet. They have a wide range of applications in industry and daily life, ranging from engines to consumer electronics to radar and lasers. As we all know, China is the world's leading manufacturer of rare earth magnets and the largest supplier of the United States. If the U.S. Trade Representative (USTR) raises the tariff on Sm2Co17 Magnet from China to 25%, it will affect many American products and ultimately harm the industry and consumers.