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Rare Earth Magnets" for EV Drives makes the magnet industry change rapidly

06/10/2024 09:16
The three major domestic players (Shin-Etsu, TDK, and Proterial (formerly Hitachi Metals)) have long been the dominant players in rare earth magnets (rare earth magnets), but changes in corporate management policies have led to major changes in magnet procurement by the user automakers. In the future, the three strongest may become the two strongest, and so on.
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