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Rare Earth High-tech Industrial Development Zone boosts development

Updated: 2025-05-22

Baotou's Rare Earth High-tech Industrial Development Zone is accelerating industrial upgrading with 80 key projects exceeding 100 million yuan ($13.73 million) in investment each. At Baotou Huahong New Material Technology Co's construction site of the high-performance rare earth permanent magnet materials project, annual production has reached 10,000 metric tons, with 150 workers racing to complete various workshops by August, aiming for trial production in October.

Meanwhile, Hunan Yinzhuoen Precision Manufacturing Co's innovative square-wire motor technology – the first of its kind developed in China – has begun test runs in a shared industrial park, promising 300 million yuan ($41.18 million) in annual output. 

The zone has implemented a whole-chain service system, featuring leadership accountability and expedited approvals, driving a 22.2 percent year-on-year surge in added value in the rare earth industry. With 30 projects set to begin operating in the first half of the year and 25 more negotiations underway, the area is expanding production capacity by 98,000 tons to solidify its global rare earth leadership.