Magnetics Business & Technology - Winter 2015 - (Page 26)

INDUSTRY NEWS Ferrite Magnet Powder Manufacturing Plant Project Report 2015 Research and Markets has announced the addition of the "Ferrite Magnet Powder Manufacturing Plant Project Report: Industry Trends, Manufacturing Process, Machinery, Raw Materials, Cost and Revenue" report to their offering. Ferrite magnets currently represent the most widely used permanent magnets across the globe. The major raw materials used to manufacture ferrite magnets are relatively inexpensive compared to most other types of permanent magnets. This enables them to be perfectly suited for high volume production runs. These magnets are also termed as ceramic magnets due to their excellent electrical insulation ability. Ferrite magnets are superb in damp, wet or marine environments and exhibit high resistance to demagnetisation and corrosion. Ferrite permanent magnets exist in two forms - Strontium Ferrite magnets and Barium Ferrite Magnets. The Strontium Ferrite magnets are the most commonly manufactured due to having stronger magnetic properties. Ferrite magnets can be found in almost all industries - Automotive, Sensor, Machines, Aerospace, Military, Advertising, Electrical/Electronic, Academic, Design House, etc. They are, however, extremely popular in motors, generators, loudspeakers and marine designs. China currently represents both the largest producer and consumer of ferrite magnets. China's cheap labor and abundance of raw materials has made it a favorable destination for manufacturers of magnets as well as their end users such as manufacturers of electric transformers, inductors and industrial/electronic goods. Other major markets for ferrite magnets include the United States, Japan, India, etc. Global Automotive Sensors Market Report 2015 Research and Markets has announced the addition of the "Global Automotive Sensors Market - Growth, Trends & Forecasts (20142020)" report to their offering. The low cost & compact size, ecofriendly & bulk manufacturing capability, and energy efficient are the key drivers, which are making the automotive sensors market to grow lucratively. Development of new applications for technologies which utilize nano and micro technology will help grow the automotive sensor market. Increased research and development in the sensor industry is creating opportunities for technological advancements that open up new horizon for sensor applications. The major trend driving the global automotive sensor market is miniaturization and improved communication capabilities, which enables their integration into vehicles without interfering with the basic functionalities of the vehicle. The proliferation of advanced electronic control systems has made sensors more accurate, reliable, and reliable while increasing the response time, robustness, communications capabilities and efficiency. The continuous innovations and investments in research and development to meet the changing consumer preferences has led to improved fabrication techniques and enhanced sensing abilities at lower costs driving market growth. North America remains the largest market for automotive sensors market, followed by Europe and Asia Pacific. Germany leads the European market and China and Japan leads the Asia Pacific market. 26 Magnetics Business & Technology * Winter 2015 Molycorp Moves its Mountain Pass Rare Earth Facility to "Care and Maintenance" Mode Molycorp, Inc. has transitioned its Mountain Pass Rare Earth Facility to a "care and maintenance" mode while it plans to continue serving its rare earth oxide customers via its production facilities in Estonia and China. Customers of the Company's rare earth magnetic materials, as well as its rare earth-based water treatment products, will not be impacted. Rare earth production at the Mountain Pass facility will be suspended no later than October 20, 2015, and the site, including idled machinery and equipment, will be maintained to ensure it remains in a safe and stable condition, and that government regulatory commitments can be met. Rare earth pricing, which has declined dramatically over the past four years, was a key factor in the decision to suspend rare earth production at Mountain Pass, Company officials said. Molycorp is being advised by the investment banking firm of Miller Buckfire & Co. and is receiving financial advice from AlixPartners, LLP. Jones Day and Young, Conaway, Stargatt & Taylor LLP act as legal counsel to the Company in this process. China Rare Earth Industry Report, 2014-2018 Research and Markets has announced the addition of the "China Rare Earth Industry Report, 2014-2018″ report to their offering. Rare earth, also known as rare earth metal or rare earth element, collectively refers to lanthanides (including fifteen elements) and closely-related scandium and yttrium. As a crucial strategic resource, it is mainly contained in bastnaesite, xenotime, monazite and other minerals. At present, rare earth resources have been discovered in about 35 countries and regions around the world, with total reserves of 130 million tons, of which 42.3 percent are owned by China alone. In order to protect and rationally develop superior resources, China has adopted a cap-control policy for rare earth exploitation since 2006 so that the rare earth ore production suffered a continuous decline from 2010 to 2013. In 2014, the State raised the upper limit, a move that helped drive the rare earth output rise 14.5 percent year on year to 95,000 tons, occupying about 86.4 percent of the global total. Besides meeting the domestic demand, China's rare earth and its products are also exported to the United States, Europe, Japan, South Korea, etc., with 2014′s export volume of rare earth products reaching about 29,000 tons (rare-earth permanent magnet products 75.5 percent), accounting for 32.1 percent of the total output. Despite a steady rise in rare earth product exports over the past two years, the export value, affected by the lower export prices, continued to fall, by 35.7 percent to $370 million in 2014. China's rare earth industry has been facing quite a few challenges like low enterprise concentration and scattered layout. In 2014, Inner Mongolia Baotou Steel Rare-earth, which represents the largest market share, generated revenue that accounted for a meager 7.1 percent of the total nationwide. In 2015, the six major rare earth companies will implement integration, when the rare earth industry concentration will increase significantly. 2015 Magnetics Industry Directory Research and Markets has announced the addition of the "2015 Magnetics Industry Directory" directory to their offering. Introducing The Magnetics Industry Directory, a comprehensive guide to manufacturers, distributors, assemblers, and materials and equipment suppliers involved in the magnetics industry worldwide. Inside this high-quality publication is a comprehensive, industrywide listing of magnetic manufacturers and distributors as well as www.MagneticsMagazine.com http://www.MagneticsMagazine.com

Table of Contents for the Digital Edition of Magnetics Business & Technology - Winter 2015

Contents
Editor's Choice
What the Heck Happened to the Magnet Industry?
An Introduction to Resonant Inductive Power Transfer
Research & Development
Electromagnetics
Magnetics 2016: Preview
2016 Resource Guide
Industry News
Marketplace / Advertising Index
Spontaneous Thoughts: Small Ball

Magnetics Business & Technology - Winter 2015

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