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Jiangsu Eastone Technology Powers China's Rare Earth Magnet Manufacturing With Industrial Heating Systems

Nov 10, 2026

3 minute read.

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Highlights

  • Jiangsu Eastone Technology manufactures IGBT medium-frequency induction power supplies and thyristor voltage regulators used in rare earth permanent magnet production.
  • Western magnet reshoring requires qualified furnaces, induction systems, and thermal controls—not merely separated rare earth oxides.
  • The company withdrew its Shenzhen IPO in 2024 amid questions over supplier transactions and capacity disclosures, though no wrongdoing has been established.
  • Eastone holds NRTL, CE, and ISO 9001 certifications but discloses no current revenue, rare earth customer contracts, or market share data.

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By Daniel

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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Jiangsu Eastone Technology supplies induction heating systems for rare earth magnet manufacturing, revealing how China's advantage extends far beyond (read full article...)

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