Neodymium Magnets for New Energy Vehicles 20160201
Lithium carbonate and rare earth permanent magnets benefit the most from the explosive demand for new energy vehicles
The investment opportunities of new energy automotive industry chain appear, lithium carbonate and rare earth permanent magnet are the most benefit ones. The global new energy automobile revolution is at a critical stage. It is expected there is a huge investment opportunities in global new energy automotive industry chain with the global large-scale promotion of new energy vehicles. Take pure electric vehicle as an example, the main core part includes three parts: motor (HEV permanent magnet motor, asynchronous motor), batteries and peripheral electronic components (battery management system, DC/DC converters, etc.), mainly related to the industrial chain including: the upstream lithium resources, rare earth resources, neodymium magnet material and etc.
New energy vehicles come into an outbreak period. The demand outlook of lithium carbonate is huge. Currently, the global demands for lithium carbonate around 140000 tons.
It is expected that the global demand for lithium carbonate will maintain an average annual compound growth rate of 15% ~ 20% driven by demand growth of the global consumer electronics and new energy vehicles. By 2016 the demand will reach 300000 tons, and new energy automobile consumption ratio of lithium carbonate will also rise from 9.7% in 2012 to 37.8% in 2017.
Rise of the new energy automotive industry will drive high demand growth of rare earth permanent magnets. To take Hybrid cars for example, each hybrid car needs 5 kg of high performance neodymium iron boron magnet materials averagely. As per the estimation to year 2015, the demand for high performance NdFeB rare earth magnet material in the global hybrid car industry reached 7739 tons, and the annual compound growth rate is over 30%.
On the industry chain of neodymium permanent magnet , the advantage of Chinese industry mainly concentrated in the upstream of the rare earth mine and midstream of NdFeB magnets manufacturers.
The investment opportunities of new energy automotive industry chain appear, lithium carbonate and rare earth permanent magnet are the most benefit ones. The global new energy automobile revolution is at a critical stage. It is expected there is a huge investment opportunities in global new energy automotive industry chain with the global large-scale promotion of new energy vehicles. Take pure electric vehicle as an example, the main core part includes three parts: motor (HEV permanent magnet motor, asynchronous motor), batteries and peripheral electronic components (battery management system, DC/DC converters, etc.), mainly related to the industrial chain including: the upstream lithium resources, rare earth resources, neodymium magnet material and etc.
New energy vehicles come into an outbreak period. The demand outlook of lithium carbonate is huge. Currently, the global demands for lithium carbonate around 140000 tons.
It is expected that the global demand for lithium carbonate will maintain an average annual compound growth rate of 15% ~ 20% driven by demand growth of the global consumer electronics and new energy vehicles. By 2016 the demand will reach 300000 tons, and new energy automobile consumption ratio of lithium carbonate will also rise from 9.7% in 2012 to 37.8% in 2017.
Rise of the new energy automotive industry will drive high demand growth of rare earth permanent magnets. To take Hybrid cars for example, each hybrid car needs 5 kg of high performance neodymium iron boron magnet materials averagely. As per the estimation to year 2015, the demand for high performance NdFeB rare earth magnet material in the global hybrid car industry reached 7739 tons, and the annual compound growth rate is over 30%.
On the industry chain of neodymium permanent magnet , the advantage of Chinese industry mainly concentrated in the upstream of the rare earth mine and midstream of NdFeB magnets manufacturers.
