major production and consumption country for neodymium magnets

NdFeB permanent magnet（following called NdFeB magnets or neodymium magnets in short) has good mechanical properties and high energy density, which is beneficial to the lightweight, thin, miniaturization or ultraminiaturization of magnetic components.The appearance of NdFeB magnet not only leads the development of electroacoustic motor, instrument, magnetic separation,to miniaturization, high frequency, high performance, low loss and low noise.And with the characteristics of energy saving and environmental protection, its application extends from traditional fields to new energy vehicles, wind power generation, energy-saving household appliances, aerospace and other emerging fields.
https://www.meank-magnet.com/industry-news/china-major-production-country-neodymium-magnets.html