China's cumulative installed wind power capacity surpasses 2 billion kW
A large addition to wind power capacity expands electricity supply and shifts the generation mix.
Source →The trace
How it reaches your house.
Starting from State Grid Corporation of China (SGCC), we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Residential Electricity →supply upElectricity Generation
China's renewable build-out reaching 2.01 billion kW and covering 64% of electricity-use growth indicates materially more generation available, which directly raises residential electricity supply.
88% confidenceNdFeB Permanent Magnets for Wind Turbine Generators →Stands to benefitChina supplies 85% of this magnet input, so its domestic magnet industry should capture most of the incremental demand from the wind-capacity buildout.
86% confidenceNdFeB Permanent Magnets for Wind Turbine Generators →Stands to benefitZhongke Sanhuan000970.SZ
Rising wind installations in China increase demand for NdFeB magnets, and Zhongke Sanhuan's 18% share with low substitutability makes it a direct beneficiary.
Hop 2
Electricity (electrolytic refining) →supply upChina accounts for 57% of the supply share for this electricity input, so the wind-power buildout most directly raises electricity availability in China.
89% confidenceZhongke Sanhuan →Prices riseNdFeB Permanent Magnets for Wind Turbine Generators
Zhongke Sanhuan supplies this wind-turbine magnet category, and an 18% share with 36-month replacement lead time implies tighter pricing as wind installations lift demand.
71% confidenceYantai Zhenghai Magnetic Material →Stands to benefitHop 3
NdFeB Alloy Strip Cast / Jet Mill Powder →Prices riseThis is a critical 0.88-strength input to rare-earth magnets, so stronger wind-turbine demand can lift the input cost and push up magnet prices.
80% confidenceNdFeB Alloy Strip Cast / Jet Mill Powder →Stands to benefitChina supplies 87% of this input, so most of the demand uplift accrues to Chinese suppliers.
80% confidenceNdFeB Alloy Strip Cast / Jet Mill Powder →Stands to benefitWith a 12% supply share and 36-month replacement lead time, Zhong Ke San Huan benefits from the higher demand for this critical input.
Hop 4
Rare earth magnets →Prices riseNeodymium-Praseodymium (NdPr) Oxide/Metal
More wind turbine capacity raises demand for NdFeB magnets, tightening the core NdPr feedstock used to make them and pushing its price up.
77% confidenceRare earth magnets →Prices riseNdFeB Alloy Strip Cast / Jet Mill Powder
Higher magnet output for wind turbines directly lifts demand for the strip-cast and jet-milled powder intermediate, increasing its price pressure.
74% confidenceZhong Ke San Huan (CNEEC) →Prices riseHop 5
Neodymium-Praseodymium (NdPr) Oxide/Metal →Prices riseA wind-capacity buildout raises demand for NdPr-intensive permanent magnets, so the downstream magnet input cost rises.
82% confidenceNeodymium-Praseodymium (NdPr) Oxide/Metal →Stands to benefitChina Northern Rare Earth Group600111.SS
As the largest NdPr supplier on the graph, it should capture more volume and pricing power from stronger NdPr demand.
75% confidenceNeodymium-Praseodymium (NdPr) Oxide/Metal →Stands to benefit
Where it lands
What you buy, and what you own.
Goods you buy
Rare earth magnets
In the MyPRIA app, this is checked against your own holdings.