On June 29th, China's leading manufacturer of samarium cobalt magnets, NdFeB quick-setting thin strip alloy sheets, AHDD Magnetic Technology Group will invest 400 million yuan to expand the "high-performance sintered NdFeB magnet construction project with an annual output of 1,500 tons of automotive motors" "Rare Earth Permanent Magnetic Material Technology R&D Center Construction Project" and supplementary working capital. . The main raw material of the sintered NdFeB permanent magnet is the NdFeB quick-setting thin strip alloy sheet composed of rare earth metal as the main cost.
In November 2011, AHDG, jointly funded by AHDD and ZGBF Rare Earth Technology Group, was officially put into operation. The company is mainly engaged in the production of NdFeB quick-setting thin strip alloy sheets.
AHDD has undertaken a number of major national, provincial and ministerial-level scientific research and industrialization projects. Among them, the company took the lead to undertake and complete the National Science and Technology Support Plan "Development and Application of Surface Protection Technology for Rare Earth Permanent Magnetic Materials" and the National Rare Earth Rare Metal New Material R&D and Industrialization Project "Annual Output of 1,000 Tons of Low Weight Rare Earth High Performance Sintered NdFeB "Magnet" and other national research and development and industrialization projects. The company participated in and completed four national 863 plans, namely "new high temperature resistant, high coercive rare earth permanent magnet materials", "key technology for preparing low neodymium and low heavy rare earth sintered permanent magnet materials", "anisotropic bonding "Preparation and application technology of permanent magnet materials" and "dismantling and recycling technology and equipment of used rare earth permanent magnet motors" projects.
Sintered NdFeB permanent magnet material belongs to the third generation rare earth permanent magnet material, known as "Magnetic King" in the industry, and is widely used in the automotive industry, industrial motors, consumer electronics and other fields.