Dr. Nagata is a well-known magnetic material expert in Japan and the world, and is the inventor of many rare earth magnetic materials. Xiamen Tungsten Industry Co., Ltd. (hereinafter referred to as “Xia Tungsten”) has attracted a large number of talents with its competitiveness and innovative ability. Dr. Nagata is one of them. He has been working in China for a long time and has already regarded this place as his own hometown. “My goal is to create a world-class magnetic materials research institute and factory in China,” said Nagata. His dedication to the study of magnetic materials makes people sigh "science without borders"! He also said, "If one day unfortunately dies, I hope to be buried here and buried in a place with rare earth mines."

According to the Notice of the Ministry of Natural Resources, Industry and Information Technology jointly issued in 2018 on the 2018 annual rare earth ore tungsten mining total control index (the first batch): the first batch of rare earth minerals in the country in 2018 (rare earth oxide REO) The total mining control index is released according to 70% of the 2017 annual indicator. The first batch of rare earth ore mining total control index was 73,500 tons, of which the ionic type (mainly medium and heavy rare earth) rare earth mineral index was 12,530 tons, and the rock type (light) rare earth mineral index was 60,970 tons. It is reported that the first batch of rare earth mining total control indicators planned by the state in 2017 is 52,500 tons. Compared with last year, the first batch of rare earth mining this year increased by 40%.

In early trading today, the Shanghai and Shenzhen stock markets opened higher and continued to rise in the areas of rare earth, building materials and liquor. The Shanghai index rose more than 1% to nearly 2600 points. The GEM index rose nearly 2%, and then fell back. In terms of industry, most of the sectors are red, and the sectors such as nonferrous metals, building materials and winemaking are among the top gainers. Only the insurance sector that led the gains yesterday fell. The concept section is full of red, rare earth permanent magnets, scarce resources and railway infrastructure are among the top gainers.

According to Reuters, a company in the Netherlands that closely tracks the rare earth industry said that China has limited the production of rare earths in the second half of this year to 45,000 tons, the lowest level in five years, and only enough to supply domestically. According to the report, this data means that China's rare earth production index in the second half of this year has been cut by 35 percent. Industry analysts said that in the current development of China's rare earth resources over-exploitation and rapid reduction of reserves, this measure is conducive to the implementation of rare earth resource reserve strategy. And foreign media said, where will the new US weapons that rely heavily on China's rare earths go?