Rising Nonferrous completes main body of 8,000tpy high-performance NdFeB magnet project
2022-08-02 15:32:27 [Print]
On July 29, the main body of Shengyuan 8,000tpy high-performance NdFeB magnet project of Rising Nonferrous Metals, the largest high-performance NdFeB magnet project in Guangdong, was completed.
The project, with a total investment of 1.252 billion yuan (185 million US dollars), covers an area of 120mu. According to the feasibility study report of the project, after the completion of phase I and phase II of the project, it is estimated that the average annual operating income would reach 2.468 billion yuan (365 million US dollars), and the total annual profit and tax would reach 408 million yuan (60.26 million US dollars).
The project, with a total investment of 1.252 billion yuan (185 million US dollars), covers an area of 120mu. According to the feasibility study report of the project, after the completion of phase I and phase II of the project, it is estimated that the average annual operating income would reach 2.468 billion yuan (365 million US dollars), and the total annual profit and tax would reach 408 million yuan (60.26 million US dollars).
Neodymium Metal 99%min FOB China
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China's praseodymium-neodymium oxide producers' operating rate statistics by province by month
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