The United States Geological Survey (USGS) 2022 report on rare earths shows that global rare earth reserves total 120 million tons锛孉mong them, China鈥檚 rare earth reserves are 44 million tons, Vietnam鈥檚 rare earth reserves: 22 million tons, Brazil and Russia鈥檚 rare earth reserves: 21 million tons, India鈥檚 rare earth reserves: 6.9 million tons, Australia鈥檚 rare earth reserves: 4 million tons, and the United States鈥?rare earth reserves: 1.8 million tons, Greenland rare earth reserves: 1.5 million tons. China ranks first in rare earth reserves, among which the rare earth permanent magnets used in electromechanical or aviation are mainly NdFeB, which is the most common rare earth material, and consumes about 60% of the total rare earth. At present, there are six major rare earth groups in China, Northern Rare Earth, CNMC, Minmetals Rare Earth, Guangsheng Nonferrous Metals, Xiamen Tungsten Industry, and Chinalco. The largest of these companies is Northern Rare Earths. As for rare earth magnets manufacturers, there are 13 listed companies in China. AT&M Technology is currently the largest rare earth magnets manufacturer with 4 rare earth t magnets factory in China, including AT&M Beijing (3500ton/year), AT&M Magco in Shandong (3000ton/year), Antai North in Inner Mongolia (7000ton/year), and HIGH MAG in Shenzhen (500ton/year). As a comprehensive rare earth magnets Manufacturer, the rare earth permanent magnet products produced by AT&M are used in aerospace, navigation, industrial machinery, medical equipment, general consumer electronics, home appliances, automobiles, wind power, military and other purposes.High mag Technology (Shenzhen)Ltd As a rare earth magnet factory of AT&M group.High mag is mainly responsible for the production and sales of molded NdFeB magnets and injection molded NdFeB magnets.China Compression Moulded Magnets
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