Industry News
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The Rare Earth Price Index for Q1 2026 rose 15% year-over-year, with sustained strong demand for neodymium-iron-boron.
According to the latest data from the China Rare Earth Industry Association, the rare earth price index reached 2026 points in the first quarter of 158.3, marking a year-over-year increase of 15.2%. Notably, prices for key rare earth products such as praseodymium-neodymium oxide and dysprosium metal rose significantly...
MIIT Issues "Conditions for Standardization of the Magnetic Materials Industry" to Promote High-Quality Development
The Ministry of Industry and Information Technology recently released the "Normative Conditions for the Magnetic Materials Industry (2026 Edition)," which sets clear requirements on capacity layout, technological innovation, energy conservation, and environmental protection to promote high-quality development in the magnetic materials sector...
The world's largest neodymium-iron-boron production base is established in Jiangxi, with an annual capacity of 5 million tons.
Recently, a neodymium-iron-boron new materials project with a total investment of 120 billion yuan officially began production in Ganzhou, Jiangxi. Once completed, the facility will become the world's largest neodymium-iron-boron production base, with an annual capacity of 5 thousand tons and projected annual output value exceeding 200 billion yuan...
Breakthrough in Magnetic Material Technology Innovation for Drive Motors of New Energy Vehicles
A research team at the Ningbo Institute of Materials Technology and Engineering, Chinese Academy of Sciences, has achieved a major breakthrough in high-performance neodymium-iron-boron (NdFeB) magnetic materials. They successfully developed a new low-heavy-rare-earth NdFeB material tailored for electric vehicle drive motors, with performance metrics reaching world-class levels...
China Rare Earth Industry Association: Average price of praseodymium-neodymium oxide rose 3.2% week-over-week this week.
According to the latest price monitoring data from the China Rare Earth Industry Association, the average market price of praseodymium-neodymium oxide for this week (4 7 - 4 13) was 45.2 ten thousand yuan/ton, representing a 3.2% increase week-over-week and a 18.5% increase year-over-year...
The International Magnetic Materials Exhibition will be held in Shanghai next month, with an expected 500 exhibitors.
2026 China International Magnetic Materials & Applications Exhibition will be held at the Shanghai New International Expo Center from 5 to 15-17. Exhibitors from over 30 countries and regions, totaling more than 500 companies, have already confirmed their participation...