1.USA Rare Earth Targets 2024 for Magnet Production in Oklahoma: USA Rare Earth is set to begin neodymium magnet production at its Stillwater, Oklahoma facility in 2024. The plant will initially produce about 1,200 tons of magnets per year, with plans to increase capacity to 4,800 tons annually. Thi

Magnetic materials, including magnets, play a crucial role in international trade due to their diverse applications across various industries. Here are some key areas where magnets are utilized in foreign trade:Electronics and Electrical Appliances:Motors and Generators: Permanent magnets, such as n

Recently, the magnetic materials industry has shown a consistent growth trend, particularly in applications related to new energy and high-tech fields. Here are some key industry news and trends:New Energy Vehicles (NEVs): Magnetic materials are extensively used in NEVs, from electric motors to onbo

Samarium Cobalt (SmCo) magnets are a type of rare earth magnet known for their high performance and strong magnetic properties. Here are some key points about Samarium Cobalt magnets:Characteristics:High Magnetic Strength: SmCo magnets have a very high magnetic strength, making them ideal for applic

Neodymium magnets are the strongest permanent magnets currently available and have a wide range of applications. Here are some key uses of neodymium magnets:Electronics:Neodymium magnets are widely used in hard drives, speakers, headphones, and microphones, providing strong magnetic fields that enha