The company was jointly invested and established by Zhongke Sanhuan (Ganzhou) New Material Co., Ltd., a subsidiary of China Rare Earth Group, in January 2021. It is positioned as a modern factory for intelligent manufacturing of sintered NdFeB permanent magnet materials. The full capacity of the high-performance sintered NdFeB magnet project stands at 5,000 mt/year.
At present, the application of NdFeB materials in domestic motors accounts for more than 90%. The smooth completion of this project will further enlarge the industrial scale of Zhongke Sanhuan (Ganzhou) New Material's high-performance NdFeB and meet the growing market demand.
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