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                               Introduction of Rare-earth Permanent 
                                Magnets Material NdFeB  
                               
                              Rare-earth permanent magnet Nd-Fe-B 
                                is a new kind of magnetic material developed in 
                                the 1980's with excellent magnetic characteristics 
                                in terms of high energy product, high coercive 
                                force etc. It is the most strong and powerful 
                                magnetic material up to now and regarded as The 
                                King of Magnet.  
                              Main application of rare-earth 
                                permanent magnets Nd-Fe-B  
                              With excellent magnetic characteristics, 
                                abundant raw material and relatively low cost, 
                                Nd-Fe-B is under a very fast development and wide 
                                application. It is getting to replace the traditional 
                                magnet of Ferrite, Al-Ni-Co and Sm-Co in many 
                                field such as electro-accoustic device, electric 
                                motor, instrument and meter, auto industry, petro-chemical 
                                industry and magnetic health-care product. 
                              Typical Appearance of rare-earth 
                                permanent magnets Nd-Fe-B  
                               
                              The basic and typical shape of the 
                                magnet used are disc, ring, tile and block( square). 
                                The surface is usually treated with zinc, nickel 
                                or epoxy resin coating. 
                              The development of rare-earth 
                                permanent magnetic material 
                              Rare-earth element has unique magnitic 
                                property. Rare-earth material produced with rare-earth 
                                is very important material in modern scientific 
                                technology and rare-earth material can be divided 
                                into three generations according to the development. 
                                The first generation of rare-earth permanent magnetic 
                                material ( SmCo5) alloy was developed in 1960's 
                                in the U.S.A. and used in military industry; the 
                                second generation of rare-earth permanent magnetic 
                                material (SmCoCuFeZr) is developed during 1970's 
                                and used in most of industries; the third generation 
                                of rare-earth permanent magnetic material is NdFeB 
                                alloy was successfully developed in 1980's in 
                                Japan. The invention of the third generation of 
                                rare-earth permanent magnetic material caught 
                                the attention of the world for the cost of the 
                                production of Nd-Fe-B is much decreased while 
                                the magnetic property prominently increased. In 
                                the production of NdFeB alloy, cheap Nd (neodymium) 
                                and Fe replace the expensive Sm and Co used in 
                                the first and second generation.  
                              Market analysis of rare-earth permanent 
                                magnet material Nd-Fe-B and Nd (neodymium)  
                                The total usage of permanent rare-earth magnet 
                                Nd-Fe-B of the world in 1990 is 2500 MT, 4000MT 
                                in 1992, 7000MT in 1997 and the annual consumption 
                                of permanent rare-earth magnet Nd-Fe-B will reach 
                                10,000MT in the year 2000 according to forecast. 
                                The metal Nd (neodymium) is the main material 
                                for producing Nd-Fe-B ( accounts for about 35%). 
                                There are hundreds of factories producing Nd-Fe-B 
                                in China presently and the annual production capacity 
                                of Nd-Fe-B of 1998 has reached 4000MT. Calculating 
                                according, the demand for Nd (neodymium) and Nd 
                                (neodymium) alloy of the world will reach 3500MT 
                                by the year 2000. Domestic demand for the metal 
                                Nd (neodymium) will be 1000MT per year by the 
                                year 2000. China is rich in rare-earth reserve.Most 
                                countries need to import rare-earth elements from 
                                China. 80% of rare-earth material of Japan is 
                                imported from China.The market of metal Nd (neodymium) 
                                changes with the market of Nd-Fe-B.Currently the 
                                demand of permanent rare-earth magnet Nd-Fe-B 
                                in international market is increasing by 12-15% 
                                annually and domestic market over 20%. So, market 
                                of metal Nd( neodymium) is also showing a bright 
                                future. 
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