[Rare Earth] China Demand for Rare Earth Permanent Magnet to Hit 150,000 Tonnes by 2010-Shanghai Metals Market

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[Rare Earth] China Demand for Rare Earth Permanent Magnet to Hit 150,000 Tonnes by 2010

Industry News 04:03:54PM Jul 06, 2015 Source:SMM
\SHANGHAI, Jul. 6 (SMM) – China’s demand for rare earth permanent magnet will hit 150,000 tonnes by 2010, cnmn.com reported, quoting a research report from Shenyin Wanguo Securities.   
 
The development of wind power and new energy vehicle industries will boost demand for rare earth permanent magnet materials. NdFeB demand from wind power sector grew 28% year-on-year to 4,074 tonnes in 2014, Shenyin Wanguo Securities said. 
 
Besides, hoisting machinery and various electric motors will also stimulate demand for rare earth permanent magnet materials.     
 
The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 
   
 

[Rare Earth] China Demand for Rare Earth Permanent Magnet to Hit 150,000 Tonnes by 2010

Industry News 04:03:54PM Jul 06, 2015 Source:SMM
\SHANGHAI, Jul. 6 (SMM) – China’s demand for rare earth permanent magnet will hit 150,000 tonnes by 2010, cnmn.com reported, quoting a research report from Shenyin Wanguo Securities.   
 
The development of wind power and new energy vehicle industries will boost demand for rare earth permanent magnet materials. NdFeB demand from wind power sector grew 28% year-on-year to 4,074 tonnes in 2014, Shenyin Wanguo Securities said. 
 
Besides, hoisting machinery and various electric motors will also stimulate demand for rare earth permanent magnet materials.     
 
The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.