The cyclic vacuum induction slab casting furnace (receiving tank type) is primarily used for rare earth permanent magnet alloys and solid hydrogen storage alloys. Under vacuum or inert gas, it uses induction heating to melt iron- or nickel-based alloys. The alloy is then poured onto chill rolls via a constant-flow casting tilting system to rapidly solidify into thin sheets. After crushing, the sheet falls into a water-cooled drum for secondary cooling and then into a receiving tank for further cooling. The chill rolls, tundish, and crushing mechanism are mounted on a movable trolley, allowing for cleaning and replacement outside the furnace.

Applications: Rare earth permanent magnets and nickel-metal hydride batteries.