With the computer, communications and other industries development, rare earth magnets even NdFeB magnets industry in particular has been rapid developed.

As the use of rare earth magnets materials, not only promote the development of permanent magnet devices to small, improve product performance, but also promote the production of some special device. Therefore, the appearance of rare earth magnets material immediately aroused great national importance and so developing is very rapidly. Nowadays, the magnetic properties of rare earth magnets produced by China have been close to or reached the international advanced level.

Now rare earth magnets materials have become important communication electronics materials, used in satellites, radar and other aspects of traveling wave tubes as well as micro-motors, micro-recorders, aviation equipment, electronic watches, seismographs, and other electronic instruments. The application of rare earth magnets currently has penetrated to cars, household appliances, electronic instruments, magnetic resonance imaging, audio equipment, micro motor, mobile phones and so on. In all areas of rare earths’ application, rare earth magnets are the fastest growing one. The rare earth magnets not only bring a big boost to the rare earth industry, but also a far-reaching impact on considerable numbers of related industries.

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