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China Northern Rare Earth (600111.SH): Currently has a magnetic materials Alloy production capacity of 0.1 million tons per year.
On June 12, Gelonghui reported that China Northern Rare Earth (600111.SH) stated on the interactive platform that the company currently has a production capacity of 0.1 million tons per year for magnetic material alloys. To further enhance industrial competitiveness, the company has commenced the construction of a 0.05 million ton high-performance neodymium iron boron rapid solidification alloy project through its subsidiary, Inner Mongolia Northern Rare Earth Magnetic Materials Co., Ltd. Once completed, this project will add an annual production capacity of 0.05 million tons of magnetic material alloys and 0.01 million tons of hydrogen shattered powder, creating a production facility for rare earth magnetic material alloys (powder) that has the largest single production capacity, optimal comprehensive cost-effectiveness, leading quality, and the greatest market competitiveness.
Express News | The Ministry of Commerce: Implementing export controls on rare earths and other items is an internationally accepted practice. China gives high importance to the concerns of the EU and is willing to establish a green channel for qualified applications.
China Northern Rare Earth (600111.SH): The distribution of medium and heavy rare earth elements in the Baiyun Obo rare earth mine is approximately 2%.
On June 5th, GLORY reported that China Northern Rare Earth (600111.SH) stated on the interactive platform that the proportion of medium and heavy rare earth elements at the Baiyun Obo rare earth mine is approximately 2%. Due to the massive scale of the Baiyun Obo rare earth mine, it contributes significantly to medium and heavy rare earths. The company is currently focusing on green recycling technology to maximize the utilization of these medium and heavy rare earths.
China Northern Rare Earth (600111.SH): Humanoid robots are one of the important areas for future market demand growth in rare earth magnetic materials and permanent magnet motors.
On ****, Gelonghui reported that China Northern Rare Earth (600111.SH) stated on an interactive platform that humanoid robots are one of the important fields where demand for rare earth magnetic materials and permanent magnet motors is expected to grow in the future market. The functions of humanoid robots, such as joint drive, servo control, and precise movement, rely on a large number of high-performance servo motors. According to public information, taking Tesla's Optimus as an example, the amount of neodymium iron boron used per unit is about 3.5 kilograms. With the development of the humanoid robot industry, it will have a positive significance for expanding the application areas of rare earth magnetic materials and permanent magnet motors and for increasing market demand.
Express News | China Northern Rare Earth: Solid-state hydrogen storage materials have achieved small-scale production and sales.
Express News | The China Securities Index Company announced the regular adjustment plan for the sample of the Csi 300 Index and other indices.
