China produces approx. 97% of the world's neodymium magnet supply. We evaluated about a dozen different Chinese producers, evaluated their price/performance ratios and selected the best ones: Our longtime suppliers produce magnets in steady quality and at good prices. Since we purchase in large quantities and operate very much process-oriented, we can offer you an attractive price/performance ratio.
After the prices for raw magnets increased dramatically in the first half of 2011, the raw material prices for rare earth metals (neodymium) have calmed down since July and are slowly dropping again. In October 2012 we carried out the fifth price reduction since July 2011, again between 10 and 20%.