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Hengdian Group DMEGC Magnetics Seeks Bids for Anisotropic NdFeB Powder to Support Magnet Production

Oct 31, 2026

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Highlights

  • DMEGC issued four procurement invitations for anisotropic NdFeB powder between July 21 and August 6, targeting grade HCNY40-16.
  • Anisotropic NdFeB powder enables stronger bonded magnets used in electric motors, automotive parts, and precision electronics.
  • Repeated tenders reflect ongoing feedstock demand, not confirmed production expansion or awarded contracts.
  • DMEGC is privately owned under Hengdian Group, reporting RMB22.6 billion in 2025 revenue with operations in Vietnam and Thailand.

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Inspired to launch Rare Earth Exchanges in part due to his lifelong passion for geology and mineralogy, and patriotism, to ensure America and free market economies develop their own rare earth and critical mineral supply chains.

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China's DMEGC Magnetics issued multiple procurement tenders for anisotropic NdFeB magnetic powder in July–August, signaling steady demand for bonded (read full article...)

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