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Jinli Permanent Magnet Unveils $1.05 Billion Investment Plan for Green Smart Manufacturing of High-Performance Rare Earth Magnets
2025-01-20 /
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Author：小编
Jinli Permanent Magnet has revealed its ambitious strategy to invest 1.05 billion yuan through its wholly-owned subsidiary, Jinli Permanent Magnet (Baotou) Technology Co., Ltd., in establishing a green smart manufacturing facility. This state-of-the-art project aims to produce an annual capacity of 20,000 tons of high-performance rare earth permanent magnetic materials. With an anticipated construction duration of two years, upon its completion, Jinli Permanent Magnet will boast an impressive annual capacity of 60,000 tons of these advanced materials.
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