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Recently, Hitachi Metals announced its development plan in the United States. The company will invest 2 billion yen (about 25.71 million US dollars) to build a new plant in the United States to produce neodymium magnets for use in electric vehicles and hybrid vehicles.
According to reports, Nd-Fe-B (Strontium-Iron-Boron) sintered magnets are indispensable components for hybrid and electric vehicle drive motors. Compared to other magnets, neodymium magnets not only have strong magnetic forces, they can achieve high power enough to drive the vehicle, and they can also reduce the size of the motor.
With strict environmental protection regulations and rising crude oil prices, many factors have promoted the growth of demand for neodymium magnets for electric vehicles in the United States and Europe. With the new plant in the United States, Hitachi Metals will be able to meet the US and even North America and Europe as a whole. The growing demand for neodymium magnets in the market.
The construction of Hitachi’s new US plant is expected to begin in January 2012. Production will begin in April 2013. It will mainly produce neodymium magnets. After the plant enters large-scale production, its monthly production capacity will reach 40 tons.
About the Metal Products Association <br> Hitachi Metals Co., Ltd. was established in 1956 (Showa 31) and its headquarters is located in Shibaura Ichi, Minato-ku, Tokyo. Hitachi Metal Co., Ltd. has developed products covering electronics, automotive, machinery, construction, and environmental fields such as IT parts and materials, magnetic application parts, flat panel displays, computers and semiconductor integrated circuit devices, automotive parts and materials, and environmental protection systems. Products, aerospace and nuclear power industrial materials, etc.
Magnesium oxide magnesium content is high, so it is widely used in the production of nitrogen, phosphorus, potassium and other compound fertilizers, magnesium is a component of chlorophyll molecular structure, so it is an essential element for plants. Without sufficient magnesium from soil and fertilizer, plants will wither quickly. Magnesium fertilizer has certain effects on corn, wheat, potato, cotton and other crops.