Rare cooperation with Tsinghua University Industrial Park project was officially launched
- Details
- Category: Rare Earth News
- Published on Monday, 09 December 2013 16:10
December 6 , by the Institute of Tsinghua Bauhinia investment in technology innovation , Longyan Industrial Development Group , Jiangxi special motor, Tsinghua Bauhinia holding three co- invested enterprises established " Bauhinia ( Longyan ) Rare Earth Industry Co., Ltd." created in the preparatory work changting convened , marking the Fujian ( Longyan ) rare cooperation with Tsinghua University industrial Park project was officially launched .
The next five years , Bauhinia rare earth industry Co., Ltd. will invest 2 billion yuan of funds in phases , to build industrial park in the city of rare earth sintered NdFeB rare earth permanent magnets and rare earth permanent magnet motor industry chain , is put into annual sales expected to reach 50 billion yuan , annual profits of 500 million yuan or more. About to start the first phase of the project will invest 300 million yuan annual output of 3000 tons Sintered NdFeB rare earth permanent magnets , investment 200 million yuan annual output of 500,000 units used in the field of robotics and CNC equipment and other items of rare earth permanent magnet motor .
Just last month , PetroChina Beijing headquarters came good news : the oil investment 1.122 billion yuan , an annual output of 50,000 tons of rare earth projects have been formally identified petroleum cracking catalyst of rare earth industrial park located in Longyan . The introduction of the construction of these major projects , the city will become a key breakthrough in the development of rare earth industry . Rare in this industrial park investment , and actively go out and listed companies , the central enterprises and other large enterprises to negotiate with the Chinese Academy of Sciences , Changchun Institute of Applied Chemistry docking research and other research institutes , to the introduction of rare earth deep processing leading projects to accelerate the development of the park gathering .
Currently a total rare earth industrial park 13 contracted projects , total investment of 3.914 billion yuan , is expected to put into operation the entire annual output value of 8.0 billion. Which has started construction of 11 projects with a total investment of about 3.4 billion yuan . The construction of these projects will accelerate the city's rare earth industry structure dominated by the enterprise to the main raw material to end-use applications of rare earth new materials and enterprise transformation , promote rare earth resources into economic advantages .
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