In the first quarter of 2022, the output of main rare earth functional materials maintained a steady growth.

In terms of rare earth magnetic materials, the output of sintered NdFeB blank was 68500 tons, a year-on-year increase of 30%; The output of bonded NdFeB was 2520 tons, with a year-on-year increase of 20%; The output of samarium cobalt magnets was 865 tons, a year-on-year increase of 44%.

In terms of rare earth catalytic materials, the output of oil catalytic cracking catalyst was 55000 tons (excluding foreign-funded enterprises), a year-on-year increase of 9%; The output of motor vehicle exhaust purifier was 4.9 million liters (excluding foreign-funded enterprises), a year-on-year increase of 25.6%.

In terms of rare earth luminescent materials, the output of LED phosphors was 146 tons, a year-on-year decrease of 3.3%; The output of three primary color phosphors was 185 tons, a year-on-year decrease of 8.9%; The output of long afterglow phosphor was 58 tons, with a year-on-year increase of 1.7%.

The output of rare earth hydrogen storage materials was 2070 tons, a year-on-year decrease of 10.2%.

The output of rare earth polishing materials was 9550 tons, a year-on-year increase of 10.1%. (data source: China Rare Earth Industry Association)