Shanghai Dingli Technology to build $45 million NdFeB project
News
January 12, 2015
January 12, 2015
Shanghai Dingli Technology Development Group is reported to have announced an investment of 277.8 million yuan ($45.2 million) to establish a 2,000 tpy NdFeB project in China’s Guangxi region.
According to the Shanghai Metals Market, the company is reported to have said in a statement filed to the Shanghai Stock Exchange that the project will be completed in 18 months. It is expected to create 460 million yuan of sales revenue and 27.66 million yuan of net profit per year.
News
January 12, 2015
