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  • Northern Rare Earth to set up JV for rare earth oxide separation project

    2024-12-31 16:12:05   [Print]
    China Northern Rare Earth (Group) High-Tech Co.Asian Metal Copyright The proposed joint venture, tentatively named Northern Gold Dragon Baotou Rare Earth Co.Asian Metal Copyright, Ltd.Asian Metal Copyright The proposed joint venture, tentatively named Northern Gold Dragon Baotou Rare Earth Co.Asian Metal Copyright announced that it plans to invest RMB153 million (USD20.Asian Metal Copyright, will build a 5,000tpa rare earth oxide separation production line, with a total planned investment of RMB457 million USD62.Asian Metal Copyright96 million) to set up a joint venture with Fujian Golden Dragon Rare-Earth Co.Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright61 million, and construction for the project is scheduled to be completed by late 2026.Asian Metal Copyright, a partially-owned subsidiary of Northern Rare Earth.

    The proposed joint venture, tentatively named Northern Gold Dragon (Baotou) Rare Earth Co., Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright, will build a 5,000tpa rare earth oxide separation production line, with a total planned investment of RMB457 million (USD62.Asian Metal Copyright .Asian Metal Copyright61 million), and construction for the project is scheduled to be completed by late 2026.

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