China Rare Earth Permanent Magnet Industry 2013-2017 Market Research and Development
The reserves of China’s rare earth account for about 23% of the total world reserves. In 2012, the annual production volume of China’s rare earth accounted for over 85% of the total world production volume. The production volume of China’s rare earth permanent magnet exceeded 80% of the world one, becoming the world largest production base of rare earth permanent magnet as well as the important application market of rare earth permanent magnet.
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