Chinese rare earths permanent magnets producers see profit in 2014

By Antonio Torrisi
Published: Friday, 09 May 2014

Despite rare earths oxides oversupply in its domestic market, China’s rare earths-based permanent magnets industry is growing and it could experience a supply shortage of dysprosium, as the government is to set stringent quotas on rare earths productions.

China’s permanent magnets industry has shown signs of growth in the first quarter of 2014, despite a persisting oversupply of rare earths in the domestic and international market.

 Wind turbine at Greenpark industrial estate in Berkshire, UK (Source: Arpingstone)

Beijing Zhong Ke San Huan Hi-Tech Co.,...

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