Chinese alternatives to Shin-Etsu Magnets
2 China-built rare-earth permanent magnets options.
JL Mag Rare-Earth 金力永磁
alternative to VAC / Shin-Etsu / Proterial / MP Materials
Sintered high-performance NdFeB magnets and magnet assemblies for NEV drive motors, inverter air-conditioner compressors, wind turbines, industrial servo motors and consumer electronics. Made about 34,400 t of magnet blanks in 2025 at plants in Ganzhou, Baotou and Ningbo.
- Rare-Earth Magnets
- Component maker
- Global-ready
Ningbo Yunsheng 宁波韵升
alternative to VAC / Shin-Etsu / Proterial
Sintered and bonded NdFeB magnets and magnet assemblies for NEV drive motors, consumer electronics, servo motors, elevators and robots. Sold about 14,200 t of NdFeB magnets in 2025, made at bases in Ningbo and Baotou.
- Rare-Earth Magnets
- Component maker
- Cost-effective