JL MAG: Baotou base phase one project expected to reach nameplate production capacity in late Jun

JL MAG recently revealed that construction of its Baotou base phase one 8,000tpy high-performance magnetic materials project came to an end in December 2021 and the project went into operation in Q1 2022 and is at capacity ramp-up stage now, expected to reach nameplate production capacity by the end of this June.Asian Metal Copyright The company plans to keep significantly increasing its production capacity in the forthcoming years, aiming to reach a 40,000tpy production capacity of rough high-performance NdFeB magnetic materials by 2025.Asian Metal Copyright The company plans to keep significantly increasing its production capacity in the forthcoming years, aiming to reach a 40,000tpy production capacity of rough high-performance NdFeB magnetic materials by 2025.

.Asian Metal CopyrightJL MAG recently revealed that construction of its Baotou base phase one 8,000tpy high-performance magnetic materials project came to an end in December 2021 and the project went into operation in Q1 2022 and is at capacity ramp-up stage now, expected to reach nameplate production capacity by the end of this JuneAsian Metal Copyright