Sanchuan Wisdom Technology to invest in rare earth scrap comprehensive utilization technical upgrading project
2022-11-14 17:30:05 [Print]
On November 11, Sanchuan Wisdom Technology announced that its controlled subsidiary Tianhe Permanent Magnetism planned to invest RMB280 million (USD39.78 million) in the rare earth scrap comprehensive utilization technical upgrading project with an annual production capacity of 3,000t of rare earth oxide, in order to adapt the company to competition in rare earth scrap recycling industry and to further enhance its production capacity and profitability capacity.
When the project is built, it will have an annual production capacity o 3,000t of rare earth oxide produced out of NdFeB scrap, dissolved salt slag, dismantled waste, etc.
When the project is built, it will have an annual production capacity o 3,000t of rare earth oxide produced out of NdFeB scrap, dissolved salt slag, dismantled waste, etc.
Neodymium Oxide 99.5%min EXW China
Unit:RMB/mt
China's praseodymium-neodymium mischmetal producers' suspension number statistics by province by month
Unit: pcs
