INNUOVO plans to invest approximately 424 million yuan to implement an annual production expansion project of 5,000 tons of sintered neodymium-iron-boron
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INNUOVO's wholly-owned subsidiary Dongyang Dongci plans to invest approximately 424 million yuan to construct an expansion project for the annual production of 5,000 tons of sintered neodymium-iron-boron. The project is located in Dongyang City, Jinhua City, Zhejiang Province, and the construction includes factory renovation, new production lines, and additional testing equipment. Upon completion, the project will add an annual production capacity of 5,000 tons of sintered neodymium-iron-boron magnets
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