There is no slowdown in the demand and there is only a question of supply and the price in the longer term. There is a enormous range of sizes and shapes of Neodymium Magnets for a diverse number of applications that continues to grow. The Sintered magnet process produces a stronger and robust Rare Earth Magnet, but is more expensive to manufacture. Two neodymium disc magnets 10mm diameter and. Rapid solidification or bonded magnet process Neodymium magnets emit deep magnetic fields to attract ferrous items and other magnets from impressive distances.Classical powder metallurgy or sintered magnet process.Neodymium Magnets are produced using two manufacturing methods: It wasn’t until 2015, that after China lost a World Trade Organisation case brought by the USA and other trading partners were the restrictions relaxed. At the end of 2010 and into 2011, the Chinese Government sent shock waves around the world when they slashed export quotas for Rare Earth Magnets and dramatically increased prices for foreign customers. Neodymium Iron Boron (NdFeB) magnets are the most commonly used rare-earth magnets and are made from 3 alloys: Neodymium Iron Boron Neodymium magnets have been commercially available since the mid-1980s. The magnetic forces are used to both attract and repel metals to enable separation and recovery.Ĭhina dominates the global production of Neodymium Magnets (95%) due to the location of many of the reserves. Neodymium Magnets are also help us recycle as a fundamental part of a Magnetic Separator or Eddy Current Separator as manufactured by Bunting. We have a wide variety of strong neodymium magnets in stock, ready to ship. They are constructed with strong neodymium block magnets encased in a nickel-plated steel channel for maximum holding power (up to 79 lbs). Large Neodymium magnets are a staple of the automotive industry since this material has such high lift power. They are also essential for renewable energy including wind turbines and electric cars. We hope we can fill all of your neodymium rare earth magnet needs. Neodymium rectangular channel magnets are powerful, U-shaped magnetic assemblies built for heavy-duty mounting, holding and fixing applications. Neodymium is a popular magnet of choice for products and industries such as: AUTOMOTIVE INDUSTRY Automotive motors, power steering systems, micromotors and electronic systems all use Neodymium to function correctly. Since the discovery, the use of the Neodymium Magnet has touched everyone’s lives and can be found in items we use everyday like mobile phones, computers and even kitchen cupboard catches. The first Neodymium Magnet was discovered in 1982 by General Motors and Sumitomo Special Metals as they investigated alternatives to the costly Samarium Cobalt Magnets.
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