On March 4th, high-performance neodymium iron boron permanent magnet material is the core material of robot servo motors. With the sustained popularity of emerging industries such as humanoid robots and low altitude economy, the demand for rare earth magnetic materials in the market has also skyrocketed. According to statistics from China Tungsten Online, the prices of most rare earth products have significantly increased since February. The reporter’s research found that recently, multiple rare earth projects in Yantai, Baotou, Ganzhou and other places have accelerated their construction progress. Multiple listed magnetic material companies have started to layout in the robot industry chain, extending to high value-added links such as magnetic components. (Shanghai Securities News)
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