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Home / Metal News / Newssummary: 6,000-tpy Nd-Fe-B Project Settled in China’s Baotou

Newssummary: 6,000-tpy Nd-Fe-B Project Settled in China’s Baotou

Apr 22, 2014 11:49

Source:SMM

A 6,000-tpy Nd-Fe-B project, with total investment of more than 500 million yuan ($80 million), was settled in Baotou National Rare Earth Hi-Tech Industrial Development Zone, local media reported.

SHANGHAI, Apr. 22 (SMM) – A 6,000-tpy Nd-Fe-B project, with total investment of more than 500 million yuan ($80 million), was settled in Baotou National Rare Earth Hi-Tech Industrial Development Zone, local media reported.

The project, covering an area of 210 mu, is scheduled to be put into production in 2016 and is expected to generate annual sales of 1 billion yuan, the report added.

Chinese news summary

Baotou National Rare Earth Hi-Tech Industrial Development Zone

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