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  • Dongyang DMEGC to expand sintered NdFeB capacity

    2025-06-30 14:21:14   [Print]
    Zhejiang Dongyang DMEGC Rare Earth Magnet Co.Asian Metal Copyright, has received board approval to invest approximately RMB424 million USD59.Asian Metal Copyright, Ltd.Asian Metal Copyright, a wholly-owned subsidiary of Innuovo Technology Co.Asian Metal Copyright, a wholly-owned subsidiary of Innuovo Technology Co.Asian Metal Copyright .Asian Metal Copyright, Ltd.Asian Metal Copyright, has received board approval to invest approximately RMB424 million USD59.Asian Metal Copyright, has received board approval to invest approximately RMB424 million (USD59.Asian Metal Copyright, has received board approval to invest approximately RMB424 million USD59.Asian Metal Copyright11 million) in an expansion project to increase annual production capacity of sintered neodymium-iron-boron (NdFeB) magnets by 5,000 tonnes.

    The project is expected to be completed within 18 months after construction begins and will significantly boost Innuovo's NdFeB magnet production capabilities, supporting the expansion of its rare earth magnet business.

    .Asian Metal CopyrightZhejiang Dongyang DMEGC Rare Earth Magnet CoAsian Metal Copyright
    Neodymium Metal 99%min FOB China
    Unit:USD/kg
    Neodymium Metal 99%min FOB China USD/kg
    China's rare earth seperation plants' inventory statistics by province by month
    Unit: mt
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