NFXT Rare Earth Group Co., Ltd. was established on March 13, 2015, with a registered capital of 753 million yuan.
The company owns 25 wholly-owned, holding and joint-stock companies with total assets of more than 10 billion yuan. Its main business covers rare earth ore mining, rare earth smelting and separation, comprehensive recycling of rare earths, rare earth deep processing applications, rare earth application research and development and technical services, rare earth trading It is an important backbone enterprise of domestic ionic rare earth resources.
The company focuses on deep processing and back-end applications such as high-purity single oxides, high-end permanent magnet materials, high-end luminescent materials, rare earth alloy additives, special steel energy-saving permanent magnet motors, and rare earth orbit milling blades.