Core part of national rare earth new material research program launched in Baotou
2022-05-09 15:31:04 [Print]
Recently, Baotou Jinshan Magnetic Materials Co
Focusing on research of extreme applications of heavy rare earth elements in magnetic materials, the project aims to achieve key technological breakthroughs in reducing rare earth volumes in and enhancing magnetizability of NdFeB magnets, so as to enhance application level of heavy rare earth resources and develop low-cost production capacity of microstructurally reorganized and high-coercive magnets.
. , Ltd . formally launched the project Heavy Rare Earth Extreme Application Technologies in NdFeB Magnets, core part of national rare earth new material research program . The project was approved in December 2021 and has a total investment of RMB28 million (USD4 . 17 million), of which RMB12 million (USD1 . 79 million) comes from the central treasury and RMB16 million (USD2 . 38 million) is raised by the company itself . The project will last for four years. Focusing on research of extreme applications of heavy rare earth elements in magnetic materials, the project aims to achieve key technological breakthroughs in reducing rare earth volumes in and enhancing magnetizability of NdFeB magnets, so as to enhance application level of heavy rare earth resources and develop low-cost production capacity of microstructurally reorganized and high-coercive magnets.