Guangdong Rising Rare Metals puts relocation and upgrading project (phase I) into operation
2022-07-19 15:56:13 [Print]
On June 26, the trial production of the relocation and upgrading project (Phase I) of Guangdong Rising Rare Metals EO Materials Co., Ltd. was held in Qingyuan Yingde High-tech Industrial Development Zone. The production line, which took one and a half years to build, was fully launched, marking the official launch of trial production across the board.
The project started construction in June 2017 and was divided into three phases, with a total planned investment of 1.02 billion yuan (151 million US dollars) and a land area of 356mu. The project will solve the bottleneck technical problems in the field of electronic chips and ultra-high temperature alloy tantalum niobium materials in China and will generate annual revenue of about 1.3 billion yuan (193 million US dollars) and tax of about 70 million yuan (10.37 million US dollars) after it reaches the target output.
The project started construction in June 2017 and was divided into three phases, with a total planned investment of 1.02 billion yuan (151 million US dollars) and a land area of 356mu. The project will solve the bottleneck technical problems in the field of electronic chips and ultra-high temperature alloy tantalum niobium materials in China and will generate annual revenue of about 1.3 billion yuan (193 million US dollars) and tax of about 70 million yuan (10.37 million US dollars) after it reaches the target output.
Niobium Pentoxide 99.5%min EXW China
Unit:RMB/kg
China niobium oxide producers' inventory to production ratio statistics by province by month
Unit: %
