China to build rare-earth innovation center in Hebei

Published: Jun 19, 2019 14:54
The center is located in Xiong'an New Area

SHANGHAI, Jun 19 (SMM) – China will build an innovation center to conduct R&D in rare-earth materials for manufacturing.

A rally for the establishment of the center was held on Tuesday June 18. The center is located in Xiong'an New Area, a state-level new area in the Baoding area of Hebei province.

This project is jointly founded by six state-owned rare-earth companies and seven listed companies, with over 60 key companies, universities and scientific research institutions also on board.

The center has a committee of experts, consisting of over 60 specialists and scholars in rare-earth technology and industry.

Rare earth is a key material in advanced manufacturing sectors, including telecommunication, high-end equipment, new energy vehicles, robots, rail transportation and high-end medical equipment.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
China to build rare-earth innovation center in Hebei - Shanghai Metals Market (SMM)