Never indicated Dubbo would ever be a producer, ultra complex polymetal with miniscule in-situ grades, nightmare.
"how do you see the massive NdPr deficit actually being filled" > see Chyna, it's their problem not ours.
The only people that are going to be short NdPr are NdFeB producers, and +90% are China domestic, and they are expandingly rapidly now they have mastered high grade NdFeB for traction motors.
Point me at ONE, just one, new or expanding NdFeB manufacturer ROW? Not talking the figments of the fevered imaginations of the dreamboat spruikers BTW, here's a list from the past 6 months outta Chyna:
List of related companies' expansion in demand for rare earth permanent magnets
2021-07-20 17:28:37
Since the beginning of this year, driven by a series of downstream consumption such as new energy vehicles, wind power, air conditioners, etc., the demand for rare earth permanent magnets has increased sharply. Related companies have also increased investment and actively expanded production capacity. SMM has sorted out the expansion of magnetic materials and will show you a quick overview:
Zhenghai Magnetic Materials:
On June 28, Nantong Zhenghai's high-performance rare earth permanent magnet R&D and production base, a subsidiary of Zhenghai Magnetic Materials, held a groundbreaking ceremony in Rugao High-tech Industrial Development Zone. Nantong Zhenghai Magnetic Materials Co., Ltd. was established on December 29, 2020, mainly engaged in new material technology research and development, electronic special material manufacturing, and magnetic material sales. Li Zhiqiang, general manager of Zhenghai Magnetics, said that the total investment in the construction of the high-performance rare earth permanent magnet R&D and production base construction project is 5 billion. After the completion of the production capacity of 18,000 tons, it can support 10 million new energy vehicles each year and support the wind power generation of the two Three Gorges Project. Machine, the global high-end market share exceeds 10%.
Hengdian Toci:
In the evening of June 10, it was announced that in order to optimize customer service and expand overseas market share, the company intends to jointly fund a joint venture company in Vietnam with Japan's Fengda Motor, and invest in the production of speaker magnets and magnet tiles. The company accounts for 80.1% of the equity of the joint venture. According to the agreement, the joint venture company should have an annual production capacity of 10,000 tons of magnetic steel.
Jintian Copper:
On June 15, Jintian Copper (601609) issued an announcement stating that in order to meet the development needs of the company’s rare earth permanent magnet material business, it will further expand the production capacity of rare earth permanent magnet material products to meet the growing market demand for downstream mid- and high-end products and strengthen the company. Core competitiveness. Recently, Ketian Magnetics, a wholly-owned subsidiary of the company, and Baotou Rare Earth High-tech Industrial Development Zone Management Committee signed the "Ningbo Ketian Magnetics Co., Ltd. Annual Production of 8000 tons of high-end manufacturing high-performance rare earth permanent magnetic materials and devices project entry agreement" , Ketian Magnetics intends to establish a new wholly-owned subsidiary, through the newly established company to invest in the construction of "8000 tons of high-end manufacturing high-performance rare earth permanent magnetic materials and devices" project in Baotou Rare Earth High-tech Industrial Development Zone (hereinafter referred to as "investment" Project"), with an estimated total investment of 600 million yuan. The first phase has a total investment of 370 million yuan to build a production line with an annual output of 4,000 tons of high-end manufacturing high-performance rare-earth permanent magnet materials and devices, and build a plant and office that can meet the annual production capacity of 8,000 tons of high-end manufacturing high-performance rare-earth permanent magnet materials and devices. All infrastructure projects such as buildings and public auxiliary facilities. The total investment of the second phase is 230 million yuan, and the second phase will build a high-end manufacturing high-performance rare earth permanent magnet material and device project with an annual output of 4,000 tons on this project.
Long Branch Magnetic Technology:
Long Magnetic Technology disclosed on the evening of January 12 that the company plans to invest in the construction of motor casings and high-frequency magnetic devices (inductors) projects. Among them, the total investment of the motor casing project is no more than 30 million yuan, and 6 motor casing production lines will be built in the original factory area. After the project reaches full capacity, it will produce 50 million motor casings per year. The company said that the implementation and operation of this investment project will help enhance business synergy in the future, improve the company's market service capabilities and comprehensive competitiveness, and help improve the company's profitability. The total investment of the high-frequency magnetic device (inductor) project is no more than 25 million yuan, and 4 high-frequency magnetic device (inductor) production lines will be built. After the project reaches full capacity, it will produce 12 million high-frequency magnetic devices (inductors) per year. The company said that the implementation of this project is in line with the industrial policy and the company's development plan. After the project is completed and put into production, it will further enhance the company's market influence and promote the company's sustainable development.
On February 2, Long Magnetic Technology disclosed in the evening that Long Magnetic Technology intends to sign the "Long Magnetic High Frequency Magnetic Device Research and Production and Headquarters Operation Center Project Investment Cooperation Agreement" and the "Supplementary Agreement" with the Investment Promotion Bureau of Hefei High-tech Industrial Development Zone. 》It is planned to invest in the construction of an annual production line of 50 million various high-frequency magnetic devices (inductors) in Hefei High-tech Zone, a basic scientific research center for magnetic materials, an ultra-fine metal powder research center, and the integration of soft metal cores and high-frequency devices Research center and other new functional materials research center, Long Magnetic Technology Headquarters Operation Center and other projects. The total investment of the project is 700 million yuan.
On June 7, Long Magnetic Technology disclosed at midday that the company plans to invest no more than 500 million yuan in the construction of Long Magnetic Science and Technology Park in Guohe Town, Lujiang County. It plans to start construction in 2021 and start production from 2022 to 2024; The company also plans to invest 90 million yuan to build a high-performance soft ferrite production line with an annual output of 6,000 tons in Jinzhai County, Lu'an City, with a construction period of 8 months.
Jinli permanent magnet:
On July 19, Jinli Permanent Magnets revealed in the latest "Investor Relations Activity Record" that the company plans to gradually allocate resources and capabilities to build Ganzhou on the basis of a production capacity of 23,000 tons of high-performance rare earth permanent magnet materials in 2022. , Baotou and Ningbo production bases; it is planned to build 40,000 tons of high-performance rare earth permanent magnet material production capacity by 2025. On July 3, Jinli Permanent Magnets announced that in order to improve the company's high-end magnetic materials and component production capacity, meet the growing market demand in the downstream field, and enhance the company's overall competitiveness and profitability, the company intends to use its wholly-owned subsidiary Jinli Permanent Magnet ( Ningbo) Technology Co., Ltd. (hereinafter referred to as "Golden Power Ningbo Technology") invested in the construction of "3000 tons of high-end magnetic materials and 100 million units/sets of modules per year project" (hereinafter referred to as the "project"), with a total planned investment of 1.1 billion yuan .
On January 20, Jinli Permanent Magnets stated that it plans to invest in the construction of a "high-performance rare earth permanent magnet material base project" through its wholly-owned subsidiary Jinli Baotou Company. The total planned investment of the project is 575 million yuan. After the project reaches production, it will have an annual output of 8,000 tons. For the production capacity of high-end magnetic materials, the construction period of this project is 2 years, and the project is being actively promoted.
Earth Bear:
Dadixiong announced on the evening of December 1st last year that the company planned to increase the capital of its wholly-owned subsidiary Baotou Dadixiong by 70 million yuan. After completion, the registered capital of Baotou Dadixiong will increase from 30 million yuan to 100 million yuan. In order to further improve the production capacity of high-performance rare earth permanent magnet materials and devices, meet the growing market demand in the downstream field, and enhance the company’s core competitiveness and profitability, the company plans to invest in the construction of high-end manufacturing high-performance rare earths in the Rare Earth High-tech Zone, Baotou City, Inner Mongolia For the permanent magnet material and device project, Baotou Dadixiong, a wholly-owned subsidiary of the company, is responsible for the specific implementation of the project.
Xiamen Tungsten Industry:
Xiamen Tungsten Industry announced on the evening of March 5 that its wholly-owned subsidiary Fujian Changting Jinlong Rare Earth Co., Ltd. plans to invest 423 million yuan to build a high-performance rare earth permanent magnet material project with an annual output of 4,000 tons. The project is expected to reach production in 2023. The construction of this project will further expand the company's production capacity of high-performance rare earth permanent magnet materials, which is conducive to enhancing the company's overall competitiveness in the rare earth sector.
Huahong Technology:
Huahong Technology stated at the 2020 annual performance briefing meeting held on April 27 that the company’s holding subsidiary project in cooperation with Southern Rare Earth is currently in the early stage of construction and is not expected to be put into operation in 2021, with 60,000 tons of waste magnetic materials. Full production operations are not entirely the company's separation of rare earth oxides.
Correct Q is how will Chyna fill their NdPr needs in their manufacture +90% global NdFeB?
Imported ore, concentrate & monazite feedstock, just as MP & Iluka are suppling right now.
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