Zhongke Magnetic reports decline in annual NdFeB production
In 2023, Zhejiang Zhongke Magnetic Industry Co., Ltd. produced 1,062.63 tonnes of NdFeB permanent magnet material (finished product), down by 6.73% YoY, and sold 1,005.71 tonnes of the material, down by 11.56% YoY, according to the company's annual report.