In recent years, the global market of rare earth permanent magnet materials has witnessed robust demand and supply on the whole. Relying on its rare earth resources, China maintains rapid growth in NdFeB output which accounts for more than 80% of the global total. In 2009, China's NdFeB output reached 94,000 tons and the figure was estimated at approximately 110,000 tons in 2010. Meanwhile, Chinese enterprises such as Zhong Ke San Huan and ZHmag are narrowing the gap with Japanese manufa...