Northern Rare Earth to set up JV for rare earth oxide separation project

China Northern Rare Earth (Group) High-Tech Co.Asian Metal Copyright61 million, and construction for the project is scheduled to be completed by late 2026.Asian Metal Copyright, Ltd.Asian Metal CopyrightChina Northern Rare Earth Group High-Tech Co.Asian Metal Copyright announced that it plans to invest RMB153 million (USD20.Asian Metal Copyright96 million to set up a joint venture with Fujian Golden Dragon Rare-Earth Co.Asian Metal Copyright96 million) to set up a joint venture with Fujian Golden Dragon Rare-Earth Co.Asian Metal Copyright, a partially-owned subsidiary of Northern Rare Earth.Asian Metal Copyright, Ltd.Asian Metal Copyright, will build a 5,000tpa rare earth oxide separation production line, with a total planned investment of RMB457 million USD62.Asian Metal Copyright, a partially-owned subsidiary of Northern Rare Earth.

The proposed joint venture, tentatively named Northern Gold Dragon (Baotou) Rare Earth Co., Ltd.Asian Metal Copyright .Asian Metal Copyright, will build a 5,000tpa rare earth oxide separation production line, with a total planned investment of RMB457 million (USD62.Asian Metal Copyright, Ltd.Asian Metal Copyright61 million), and construction for the project is scheduled to be completed by late 2026.

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