Fujian Province Establishes Rare Earth Group

Following the neodymium iron boron alloy power project with an annual manufacturing capacity of 3,000 tons and rare earth fluorescence power project with an annual manufacturing capacity of 1,000 tons that obtained approval in the second half of last year, Fujian Province has approved another neodymium iron boron magnet project for Longyan City Changting Jinlong Rare Earth with annual manufacturing capacity of 2,500 tons.