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The Environment Protection Inspection affects Magnet Industry Seriously
Oct. 06, 2017
The Environment Protection Inspection Team set off the nationwide environmental storm. Unlike the previous environment renovation, the emphasis and intensity of Environment Protection Inspection is unprecedented this time.
It seems that the government gives zero tolerance to environmental pollution this time. Factories that can not meet environmental protection standard are forced to shut down or punished with heavy fine. No buffers.
For magnet industry, the supply of rare earth element is also affected and eventually it caused the price increase of raw material prices.The Environmental Protection Inspection also impacts the delivery time of magnet industry. Take coating process for example, some coating plants were closed to reduce electroplating waste water discharges.
