Saturday, May 31, 2014

Baotou Steel Rare Earth becomes world largest Nd-Fe-B magnet production base

SMM reported that Inner Mongolia Baotou Steel Rare Earth (Group) Hi Tech Company has formed an annual capacity of 15,000 tonnes of stripcast Nd-Fe-B alloys and 5,000 tonnes of Nd-Fe-B magnets, world’s largest of this kind.

The project was constructed in two phases. The phase one, coming online in 2009, now is running at full capacity, with monthly output close to 100 tonnes of magnets over the recent two months. Commissioning of the phase two, having completed the testing of equipment, will be determined by market demand.

Source - SMM

(www.metalguru.in)

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