Rare earth as "industrial monosodium glutamate" is the downstream involved in manufacturing upgrading of a number of key technology fields, indispensable. The efficient development and utilization of rare earth can effectively promote China's industrial upgrading and the rise of emerging strategic industries, and is of great significance for the realization of "Made in China 2025".
Known as the "industrial vitamin", rare earth has irreplaceable excellent optical, electrical and magnetic properties. It has a large role and a small amount. It has become an important element for improving product structure, increasing scientific and technological content and promoting industrial technological progress, and is widely used in metallurgy, military, petrochemical, glass and ceramics, agriculture and new materials. An American F-35 fighter jet is said to use 417 kilograms of rare earths, mostly heavy ones.
In all the downstream application fields, permanent magnet material is the one with the highest proportion (about 50%). Rare earth ndFeb permanent magnet material made from rare earth refining has the characteristics of high remanence, high coercivity and high magnetic energy product, and is widely used in electronics, aerospace and drive wind motor and other fields.
