Denmark Rare Earth Demand Increasing

Denmark Industry Union web news on May 23rd: Denmark rare earth requirement is raising, which is mainly comes from the green science and technology filed, including turbine air blower and water pumps, and so on.
As the main manufacturer of water pumps, Grundfos is one of Denmark rare earth demand increased enterprises. The company person in charge of technology Pedersen said ¡°we have been using rare earth over the past 15 years. Recent new development, including new energy legislation and permanent magnet motors¡¯ popularization, indicates that our future requirement of rare earth will increase significantly.
The policy competent of Denmark Industry Union international market Peter Thagesen said that Grundfos was not the only company requires for more rare earth raw material, the increasing demand for rare earth will be the overall trend of the next few years.

Tags: neodymium magnets Denmark,Rare Earth,Demand Smco magnets