China Rare Earth Group launches three projects in Ganzhou
2024-02-29 11:49:08 [Print]
On February 28, China Rare Earth Group held the launching ceremony for three key projects in Ganzhou High-Tech Industrial Development Zone, including the 1,000tpa (REO) ionic rare earth magnesium salt ammonium-free green mine project, the 10,000tpa (REO) rare earth smelting and separation demonstration project developed by Zhongxi (Ganzhou) Rare Earth Co., Ltd., and the 10,000tpa rare earth metal relocation project developed by Jiangxi South Rare Earth High-Tech. Co., Ltd., which are set to expand and consolidate modern rare earth industry chain in Jiangxi.
With a total investment of nearly RMB2.05 billion (USD285 million), the three projects would strengthen the supply chain of rare earth raw materials and further boost China Rare Earth Group's control of strategic resources and materials as well as foster sustainability, and also help meet the demand for new materials from emerging industries and advance the construction of rare earth new materials manufacturing and application clusters at national level in Ganzhou.
With a total investment of nearly RMB2.05 billion (USD285 million), the three projects would strengthen the supply chain of rare earth raw materials and further boost China Rare Earth Group's control of strategic resources and materials as well as foster sustainability, and also help meet the demand for new materials from emerging industries and advance the construction of rare earth new materials manufacturing and application clusters at national level in Ganzhou.
