NdFeb industry product output continued to grow.
Ndfeb products are widely used in modern machinery, involving consumer electronics, energy-saving home, industrial intelligence, new energy vehicles and other fields. From 2019 to 2021, China's NdFEB production has shown a continuous growth trend. In 2021, China's sintered NdFeb blank production was 207,100 tons, an increase of 16%. In the first half of 2022, China's sintered NdFeb billet exceeded 110,000 tons, with continuous growth year-on-year. Preliminary statistics in 2022, the production of sintered NdFeb wool embryo exceeded 230,000 tons.