Baotou Iron and Steel's JV neodymium project to become China's largest.

China Business News | February 6, 2007 | Copyright

Baotou Iron and Steel's JV neodymium project to become China's largest

Shanghai. February 6. INTERFAX-CHINA - The expansion Baotou Iron and Steel Group's joint venture neodymium production line in Inner Mongolia will make the mill the largest in China, a company official said today.

The company will add 3,000 tons to its current 2,000-ton annual production capacity, according to an official surnamed Teng.

Construction began last September with an investment of RMB 30 million ($3.87 million) and the introduction of improved technologies and ...

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