Xiamen Tungsten's rare earth permanent magnet project nears commissioning

By mid-May, the new plants for Xiamen Tungsten's rare earth permanent magnet materials project had been completed and passed final acceptance.Asian Metal CopyrightBy mid-May, the new plants for Xiamen Tungsten's rare earth permanent magnet materials project had been completed and passed final acceptance.Asian Metal Copyright Key equipment such as hydrogen decrepitation units, jet mills, presses, and sintering furnaces are being delivered and installed, with commissioning currently underway.

Located in the Baotou Rare Earth Permanent Magnet Motor Industrial Park, the project covers an area of 200 Mu (approximately 13.33 hectares) and involves a total investment of 2 billion yuan (278 million US dollars).Asian Metal Copyright85 million US dollars, is designed to produce 5,000 tonnes per annum of rare earth permanent magnet materials.Asian Metal Copyright Phase I of the project, with an investment of 460 million yuan (63.Asian Metal Copyright .Asian Metal Copyright85 million US dollars), is designed to produce 5,000 tonnes per annum of rare earth permanent magnet materials.Asian Metal CopyrightBy mid-May, the new plants for Xiamen Tungsten's rare earth permanent magnet materials project had been completed and passed final acceptance.Asian Metal Copyright The first phase, scheduled to begin production this June, is expected to generate annual sales revenue of around 750 million yuan (104 million US dollars).

Future phases will add production capacity of 15,000tpa, which is anticipated to come on stream by the end of 2027. Once fully operational, the project will have a total production capacity of 20,000tpa, with an estimated annual output value of around 4 billion yuan (555 million US dollars).

.Asian Metal Copyright The first phase, scheduled to begin production this June, is expected to generate annual sales revenue of around 750 million yuan 104 million US dollarsAsian Metal Copyright