On the morning of August 28, as a new set of magnets slowly rolled off the production line, YTZH Magnetic Materials Technology Group’s new low-heavy rare earth permanent magnet production line was officially put into operation, marking that Zhenghai Magnetics YTZH has stepped into "becoming a world permanent magnet material" "Industry leader" new journey. After the new projects reach full production, the production scale of 5,000 tons of low-heavy rare earth permanent magnet materials will be realized.
The total investment of the project is 500 million yuan. The products are mainly used in high-end technology fields such as new energy vehicle drive motors, automotive power steering systems, energy-saving home appliances, permanent magnet direct drive wind turbines, elevator traction machines, servo motors, and smart consumer electronics industries.
It is reported that the project has broken through the traditional production process of rare earth NdFeB magnets, and developed the current international leading magnet grain boundary diffusion technology and fine-grain technology, which greatly reduces the amount of heavy rare earth materials used, and can greatly improve the coercivity and coercivity of the magnet. Temperature resistance, 14 patents have been authorized (including 5 foreign patents), and the technology and products are at the leading level in the international industry.
The completion and commissioning of this project will help YTZH build a high-tech and high value-added industry cluster with high-performance NdFeB magnets as the starting point, and consolidate and enhance the development zone's leading position in the high-performance NdFeB permanent magnet material industry. At the same time, it will also greatly improve the localization supporting capabilities of China's new energy vehicles, wind turbines and other industries, reduce manufacturing costs, and improve the international competitiveness of related industries.