Ji'an Xintai and subsidiaries ink PrNd oxide supply deal with Northern Rare Earth
2025-03-07 16:07:59 [Print]
Ji'an Xintai Technology Co., Ltd., a wholly-owned subsidiary of Jiangsu Huahong Technology Co., Ltd., together with its other two subsidiaries, Jiangxi Wanhong High Tech Materials Co., Ltd. and Jishui Jincheng New Material Processing Co., Ltd., reached an annual supply agreement with China Northern Rare Earth (Group) High-Tech Co., Ltd.
Under the agreement, Ji'an Xintai, Wanhong High Tech, and Jishui Jincheng together will supply about 100-150 tonnes per month of PrNd oxide to Northern Rare Earth from February to December 2025, for a total of 1,100-1,650 tonnes, with pricing subject to monthly contracts.
Ji'an Xintai and its subsidiaries specialized in comprehensive utilization of rare earth resources. By recycling rare earth wastes, they have a total annual production capacity of 12,000 tonnes of high-grade rare earth oxide.
Under the agreement, Ji'an Xintai, Wanhong High Tech, and Jishui Jincheng together will supply about 100-150 tonnes per month of PrNd oxide to Northern Rare Earth from February to December 2025, for a total of 1,100-1,650 tonnes, with pricing subject to monthly contracts.
Ji'an Xintai and its subsidiaries specialized in comprehensive utilization of rare earth resources. By recycling rare earth wastes, they have a total annual production capacity of 12,000 tonnes of high-grade rare earth oxide.
PrNd Oxide Pr6O11 25%, Nd2O3 75% EXW China
Unit:RMB/mt
China praseodymium-neodymium oxide recycling producers' sales to production ratio statistics by province by month
Unit: %
