On April 27, China ’s leading ultra-high-purity rare metal and compound, rare earth functional materials manufacturer BJYY Materials Technology Group held a groundbreaking ceremony, and BJYY new product R & D center and production base and other five major projects simultaneously broke ground, with a total investment of 4.39 billion yuan.
The BJYY new product research and development center and production base project, with a total investment of about 1 billion yuan, will be constructed in two phases. An initial planned investment of 385 million yuan involves three areas of ultra-high-purity rare metals and compounds, rare earth functional materials, high-end crystal materials and devices. Nine production lines will be built with a total production capacity of approximately 1,250 tons. The second phase of the project plans to invest 400-600 million yuan to build production lines for rare and precious metal recycling, white LED phosphors, high-end aluminum nitride powders, rare earth catalytic materials, zirconium-based ceramic materials, special physical compounds, rare earth permanent magnet materials, etc.