Baotou Jiuyuan District plans to invest 1 billion yuan to build a high-purity rare-earth metal base covering an area of nearly 400 acres. It is understood that the base will become the only high-purity rare-earth metal base in the autonomous region after completion.
An important link between high-purity rare earth metal as a rare earth raw material and a rare earth application functional material is a short board for the development of the city's rare earth industry. At present, the domestic production capacity of high-purity rare earth metals is about 40,000 tons, mainly concentrated in Jiangxi, Sichuan and other places, accounting for about 80% of the world market.
It is reported that Jiuyuan District plans to invest 1 billion yuan to build an area of nearly 400 acres of high-purity rare earth metal base with a purity of 99.99%. It will be located in the core area of the new rare earth industrial park. High purity (99.99%) rare earth metal.
It is understood that the first batch of five rare earth metal projects is expected to be completed and put into operation in 2019, and an annual production capacity of 15,000 tons will be formed by then. At the same time, the base takes rare earth metals as the starting point, and actively introduces industrial projects such as rare earth hydrogen storage, polishing, and catalysis. At present, it has reached cooperation intentions with Jinrui Zhonghe Rare Earth, Jiangsu Demitt's high-performance polishing powder, and Yuli pyrophoric materials. At the same time, it has actively promoted the German permanent magnet motor and power tools and other projects to land as soon as possible.