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Innuovo's Subsidiary to Invest 424 Million Yuan in 5,000-Ton Sintered NdFeB Capacity Expansion
1 week ago /
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Author：小编
Zhejiang Dongyang Dongci Rare Earth Co., Ltd., a wholly-owned subsidiary, intends to invest approximately 424 million yuan in constructing a 5,000-ton sintered NdFeB capacity expansion project. This initiative is anticipated to be completed within 18 months and aligns with national industrial policies and industry trends. It is expected to significantly bolster the company's overall competitive strength.
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