Earth-panda's annual NdFeB magnet production capacity records 8,000t
2023-02-01 14:39:42 [Print]
On January 31, Earth-panda revealed via its investor platform that currently the company has three NdFeB magnet production bases including Lujiang, Baotou and Ningguo with a total annual production capacity of 8,000t. The 1,500tpy auto-motor-purpose high-performance NdFeB magnet project invested by the company has been built and gone into operation now. In the Baotou base, the 5,000tpy high-performance rare earth magnetic material and device project has been done with construction of single workshops and supportive buildings and facilities, and some production lines have gone into operation. In the Ningguo base, the 5,000tpy high-performance NdFeB magnetic material project commenced construction in March 2022 and has been done with construction of some workshops, expected to go into operation within 2023.
Neodymium Oxide 99.5%min EXW China
Unit:RMB/mt
China's rare earth seperation plants' inventory statistics by province by month
Unit: mt
