There are many types of rare earth products. According to the depth of processing, we divide it into selected products and applied products. The former refers to rare earth concentrate produced by rare earth mining and smelting enterprises, single and mixed rare earth oxides, metals and their alloys, single and mixed rare earth salts, etc., totaling more than 300 varieties and more than 500 specifications. The latter refers to all finished products containing rare earths, such as rare earth permanent magnets, rare earth phosphor powder, rare earth polishing powder, rare earth micro-fertilizer, rare earth laser crystal, rare earth hydrogen storage materials, etc. At present, there is no unified classification, there is no unified name, the boundary is not clear, you are familiar with the name; Mineral products, primary products (or crude products) are called upstream products; Deep processing product (or single product, high purity product) is called middle reaches product; Applied materials and applied products (or devices) are referred to as downstream products.
From rare earth raw materials to final products, it can be divided into several stages. The closer to the final products, the higher the technological content, the higher the added value. From rare earth raw materials to final products, we have to go through raw materials, materials, components and products, and each link has key technologies. The closer to the final products, the higher the technological content and of course, the higher the added value. Therefore, the development of rare earth applications and high value-added products is the hope of China’s rare earth in the future.