Zhenghai Group to construct high-performance NdFeB permanent materials production base

On 25 December, Zhenghai Group announced the plan for signing an investment agreement with the management committee of Jiangsu Rugao High-tech Industry Development Zone regarding the construction of the 18,000-ton high-performance NdFeB permanent magnet materials production base project.Asian Metal Copyright58 billion after completely reaching designed production capacity.Asian Metal Copyright With a planned investment of approximately RMB3 billion (USD0.Asian Metal Copyright58 billion after completely reaching designed production capacity.Asian Metal Copyright46 billion) in fixed assets, the project is expected to record an annual sales revenue of RMB3.Asian Metal Copyright .Asian Metal Copyright8 billion (USD0.Asian Metal CopyrightOn 25 December, Zhenghai Group announced the plan for signing an investment agreement with the management committee of Jiangsu Rugao High-tech Industry Development Zone regarding the construction of the 18,000-ton high-performance NdFeB permanent magnet materials production base project.Asian Metal Copyright58 billion) after completely reaching designed production capacity.Asian Metal Copyright46 billion in fixed assets, the project is expected to record an annual sales revenue of RMB3.Asian Metal Copyright Zhenghai Group plans to set up a wholly-owned subsidiary for the investment, construction and operation of the agreed project under the investment agreement.
.Asian Metal Copyright8 billion USD0Asian Metal Copyright