On April 4th, China’s Ministry of Commerce announced the implementation of export controls on seven types of medium and heavy rare earth-related items, including samarium, gadolinium, terbium, dysprosium, lutetium, scandium, and yttrium.
If rare earth magnetic materials contain the above seven elements, they require approval for export. For users of rare earth magnetic materials, it does indeed mean submitting more materials in terms of procedures. However, once the specific operation rules are straightened out, the delivery cycle will gradually return to normal.
At the same time, heavy rare earth-free magnetic materials will inevitably arouse great interest among overseas customers. By adhering to high-intensity and large-scale investment in technological innovation, and through the continuous efforts of nearly a thousand R&D personnel over the years, JLMAG Group, the world’s largest NdFeB enterprise, has the most advanced technologies in the industry such as grain refinement and grain boundary strengthening. Currently, the extremely high-grade magnetic materials it produces, such as N58, 56M, 54H, and 48SH, can also be free of the above seven elements. JLMAG also has the world’s largest-scale manufacturing capacity for segmented adhesive magnetic materials, which can customize various magnetic materials for customers, reduce the eddy current effect and the temperature rise of magnetic materials, and reduce or eliminate the use of heavy rare earths.
Moreover, JLMAG is also accelerating the construction of a factory in Mexico, providing overseas customers with an additional option. In addition, motor products assembled with rare earth magnetic materials such as NdFeB do not require special approval for export, which can also be another option for overseas customers.
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