AT&M to invest in rare earth magnet research institute project
2025-06-19 14:51:48 [Print]
Advanced Technology & Materials Co., Ltd. (AT&M) plans to increase capital in Hefei Steel Research Rare Earth Permanent Magnet Materials Institute, jointly with the Central Iron & Steel Research Institute. The capital increase, about RMB3 million (USD417,276) in total, will raise Hefei Steel Research's registered capital from RMB2 million to RMB5 million (USD695,460). AT&M will invest RMB500,000 (USD69,546) for a 10% stake, while the Central Iron & Steel Research Institute will contribute RMB2.5 million (USD347,730) for a 50% stake.
Hefei Steel Research leads the National Key Laboratory for Rare Earth Permanent Magnet Materials and focuses on advanced R&D, pilot production, and commercialization in the field.
The investment will help AT&M upgrade its rare earth magnet technologies, strengthen its market position, improve the rare earth industry ecosystem, and support high-quality growth.
Hefei Steel Research leads the National Key Laboratory for Rare Earth Permanent Magnet Materials and focuses on advanced R&D, pilot production, and commercialization in the field.
The investment will help AT&M upgrade its rare earth magnet technologies, strengthen its market position, improve the rare earth industry ecosystem, and support high-quality growth.
PrNd Oxide Pr6O11 25%, Nd2O3 75% EXW China
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China's praseodymium-neodymium mischmetal producers' sales to production ratio statistics by province by month
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