Northern Rare Earth to invest no more than RMB7.8 billion in green smelting upgrade project
2023-03-15 14:52:23 [Print]
On March 14, China Northern Rare Earth (Group) High Tech Co
. , Ltd . announced that it plans to appoint fully-owned subsidiary Huamei Company as the operator to be in charge of constructing the green smelting upgrade project on the old plant site of its smelting plant and Huamei Company . With an investment of no more than RMB7 . 8 billion (USD1 . 13 billion), the project will have a designated processing capacity of 198,000tpy of 58.09% REO mixed rare earth concentrate (115,018t of REO equivalent), extraction/separation capacity of 106,661 . 6tpy (REO equivalent), precipitation and crystallization capacity of 141,070tpy (REO equivalent), and ignition capacity of 39,600tpy (REO equivalent).