Magnetic Materials Industry Integration Accelerates, Helping To Realize The “Double Carbon” Goal

With the in-depth implementation of the "dual-carbon" strategy, the magnetic materials industry is experiencing unprecedented integration and upgrading. A number of magnetic material companies have announced that they will improve the production capacity and quality of high-performance rare-earth permanent magnetic materials through technological innovation and industry chain integration, in order to meet the demand for magnetic materials in new energy vehicles, wind power generation and other emerging fields. This industry integration will not only help to enhance the international competitiveness of China's magnetic materials industry, but also provide strong support for the realization of the "double carbon" goal.