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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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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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