China produces 70% of all rare earth elements and has nearly 90% of the world’s non-toxic materials market. These materials are used in electronics, Strong magnets, batteries and other hardware such as solar panels, wind generators, Best Magnet Toys, and electronic devices. About a third all satellites orbiting the Earth are also made by them. China is a major player in space research. Their recent launch of the first lunar probe was seen by many as a sign of their growing interest in space over the coming years. China is on its path to becoming a pioneer in space exploration, as Russia and the United States do.
In recent years, the US military has purchased magnetic power generators worth millions of dollars from China. These systems are used to power everything, from computers to trucks and aircraft to generators for electric motors. China loves to build larger things, and so they have been purchasing large amounts of industrial equipment to be used as generators or power generators at their military bases. Many of these generators are still used by the US military at its bases. Many people wonder if the US will eventually need to import energy from China for defense purposes.
These magnets are not allowed to be used in military applications at the moment. These magnets cannot hold an indefinite weight or power. They will be used more as technology improves. They are currently used to power emergency situations and to navigate on ships. They are being investigated as an energy source for automobiles.