Sanlong New Materials gets approval to expand rare earth metals and alloys capacity
2025-05-13 17:16:01 [Print]
Baotou Sanlong New Materials Co., Ltd. has received the approval from the Department of Industry and Information Technology of Inner Mongolia Autonomous Region to expand its rare earth metals and alloys production capacity by 6,000 tonnes per year.
The project will be built within the company's existing plant in the Rare Earth Application Industrial Park of Baotou Rare Earth High-Tech Zone. The expansion will add an annual production capacity of 5,600 tonnes of praseodymium-neodymium metal, 100 tonnes of praseodymium metal, 100 tonnes of ferrogadolinium alloy, 100 tonnes of ferrodysprosium alloy and 100 tonnes of ferroholmium alloy.
With a total investment of 70 million yuan (9.73 million US dollar), fully funded by the company, the project is expected to be completed within 24 months.
The project will be built within the company's existing plant in the Rare Earth Application Industrial Park of Baotou Rare Earth High-Tech Zone. The expansion will add an annual production capacity of 5,600 tonnes of praseodymium-neodymium metal, 100 tonnes of praseodymium metal, 100 tonnes of ferrogadolinium alloy, 100 tonnes of ferrodysprosium alloy and 100 tonnes of ferroholmium alloy.
With a total investment of 70 million yuan (9.73 million US dollar), fully funded by the company, the project is expected to be completed within 24 months.
