How Much Does the Rising Cost of Rare Earths Affect Your Magnet Procurement?
Your budget for permanent magnets is under pressure. Rising rare earth prices make cost forecasting a nightmare, threatening your bottom line. Understanding the cost structure is the first step to controlling it. Rare earth raw materials make up 60-85% of a sintered NdFeB magnet’s total cost. So, when material prices fluctuate, your procurement costs are […]