Xijun's rare earth oxide smelting separation upgrading project may go into pilot production in Nov
2019-09-10 16:49:46 [Print]
Presently, the construction of 5,000tpa rare earth oxide smelting separation different-place upgrading technical transformation project under Guangxi Xijun New Materials Co., Ltd. is steadily underway.
The project is located in Cenxi Rare Earth New Materials Industrial Park of Guangxi and the phase I project has received a total investment of over RMB100 million (USD14.05 million) so far, which is expected to go into pilot operation in November. After the phase I project is completed and put into production, the company will see an annual output of 5,000t of rare earth oxides, including more than ten products. After the whole project is completed, the company will see an annual production value of RMB1 billion (USD0.14 billion) and pay RMB80 million (USD11.24 million) of taxes.
The project is located in Cenxi Rare Earth New Materials Industrial Park of Guangxi and the phase I project has received a total investment of over RMB100 million (USD14.05 million) so far, which is expected to go into pilot operation in November. After the phase I project is completed and put into production, the company will see an annual output of 5,000t of rare earth oxides, including more than ten products. After the whole project is completed, the company will see an annual production value of RMB1 billion (USD0.14 billion) and pay RMB80 million (USD11.24 million) of taxes.
