Rare earth permanent magnet industry is expected to usher in a golden age of rapid development

CNR capital eye reported in Beijing. The Research Report of CITIC Securities pointed out that with the vigorous development of downstream fields such as new energy vehicles, energy-saving motors and industrial robots, enterprises in the global rare earth industry chain actively promote the expansion plan of high-performance NdFeB. Due to the incomplete rare earth industry chain and high comprehensive costs, the capacity expansion of overseas rare earth permanent magnets may not be as expected, and the future supply of high-performance Nd-Fe-B depends on China. Under the goal of "double carbon", the rare earth permanent magnet industry is expected to usher in a golden age of rapid development.