China rare earth magnets production maintained stable growth in 2019

SHANGHAI, Jan 22 (SMM) – Production of rare earth magnetic materials in China maintained stable growth last year, according to data from the Association of China Rare Earth Industry.

Output of sintered NdFeB grew 9.7% to 170,000 mt in 2019, while that of bonded NdFeB expanded 5% to 7,900 mt. Production of SmCo magnets grew 4% to 2,400 mt.