Mentech to invest RMB200 million in building Biyang manufacturing base
2022-07-04 16:18:10 [Print]
Dongguan Mentech Optical & Magnetic Co., Ltd. announced on July 1 that it plans to build its 43-Mu (2.87-hectare) manufacturing base in Biyang Development Zone, with the total investment estimated at RMB200 million (USD29.88 million), including RMB100 million (USD14.94 million) for the construction of infrastructures like factories and another RMB100 million for building production lines for magnetic and optical components.
PrNd Oxide Pr6O11 25%, Nd2O3 75% EXW China
Unit:RMB/mt
China's neodymium metal producers' operating rate statistics by province by month
Unit: %
