Outlook for the rare earth industry Part 3: Demand for magnets is strong led by various supporters
07/29/2020 09:07
We interviewed Vice President Yutaka Kawasaki of Samwood Co. (Uchikanda, Tokyo), a trading company specializing in rare earths and minor metals, about the outlook for the rare earth market. Demand for neodymium magnets is expanding further in China, and sales are extremely strong for automobiles and wind power generation motors. Although the US-China confrontation is intensified, China is currently a dominant player in neodymium magnet
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