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    Northern Rare Earth to set JV for 3ktpa NdFeB magnets project

    2024-10-30 15:49:48   [Print]
    China Northern Rare Earth (Group) High Tech Co.Asian Metal Copyright The proposed joint venture will build a 3,000tpa high-performance NdFeB magnets project in Baotou Rare Earth High-tech Industrial Development Zone for a total investment of approximately RMB120 million USD16.Asian Metal Copyright, Ltd.Asian Metal Copyright, Suzhou Torin Drive Equipment Co.Asian Metal Copyright announced that it plans to invest RMB40 million (USD5.Asian Metal CopyrightChina Northern Rare Earth Group High Tech Co.Asian Metal Copyright61 million) to set up a joint venture with Ningbo Zhaobao Magnet Co.Asian Metal Copyright83 million, and the construction is scheduled to be completed by late May 2025.Asian Metal Copyright, Ltd.Asian Metal Copyright announced that it plans to invest RMB40 million USD5.Asian Metal Copyright, Suzhou Torin Drive Equipment Co.Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright, and Ningbo Souwest Magnetech Development Co.Asian Metal Copyright, and Ningbo Souwest Magnetech Development Co.Asian Metal Copyright61 million to set up a joint venture with Ningbo Zhaobao Magnet Co.Asian Metal Copyright, Ltd.

    The proposed joint venture will build a 3,000tpa high-performance NdFeB magnets project in Baotou Rare Earth High-tech Industrial Development Zone for a total investment of approximately RMB120 million (USD16.83 million), and the construction is scheduled to be completed by late May 2025.

    .Asian Metal Copyright, and Ningbo Souwest Magnetech Development CoAsian Metal Copyright
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