On the 4th of this month, our country issued the latest announcement on the implementation of export control on some medium and heavy rare earth related items, and some netizens asked, so can you still export your permanent magnets smoothly?
First, the types of magnets controlled are samarium cobalt permanent magnets (e.g., samarium cobalt alloy targets, samarium cobalt magnets), neodymium-iron-boron (NdFeB) permanent magnets containing terbium or dysprosium (e.g., terbium-cobalt alloy targets, dysprosium-iron-alloy targets), and other magnets made from alloys and oxides that contain rare-earth elements, such as gadolinium, lutetium, scandium, yttrium and other rare-earth elements. These magnets containing specific rare earth elements are subject to export control and require an export license (approximately 2 months).
Samarium Cobalt Magnetic Block
For ceramic ferrite magnets, alnico magnets and other products that do not contain controlled rare earth elements, they are theoretically not subject to restrictions, but the current customs system may misjudge due to policy adjustments, resulting in temporary detention or inspection delays. Some enterprises have successfully exported magnets that do not contain controlled rare earths through air transportation, but there is still uncertainty in sea transportation.
Chinese customs are now reportedly banning the export of heavy rare earth metals and magnets not only to the United States, but also to any country, including Japan and Germany.
Currently, the price of dysprosium oxide has soared to $204 per kilogram in the Shanghai market, and global downstream industries (e.g., electric vehicles, semiconductors, and defense) are facing upward cost pressures.
The above is the relevant introduction to the current permanent magnets can still be exported, China's current magnet export restrictions are mainly aimed at containing specific medium and heavy rare earth elements in the permanent magnetic materials. For ordinary non-temperature resistant NdFeB, ceramic ferrite, flexible rubber magnets can be exported.
Related Magnet Export Restrictions Articles;
China's three rounds of rare earth export control measures and their impacts