JL MAG completes construction of high-performance rare earth magnet materials production base project
2021-12-27 17:44:38 [Print]
JL MAG announced on December 24 that, the high-performance rare earth magnet materials production base project which it invested in via fully owned subsidiary JL MAG (Baotou) Technology Co., Ltd. and commenced construction in November 2020, has been done with main buildings and its main equipment has been commissioned and undergone successful trial operation. Next, the project will enter formal production. When it ramps up to nameplate-capacity operation, the company will have an annual production capacity of 8,000t of high-performance rare earth magnet materials.
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