JTGROUP: The company's annual production capacity of rare earth permanent magnet materials has been increased to 9,000 tons

Zhitong
2025.10.24 09:25

JTGROUP released a record of investor relations activities, stating that the company has been engaged in the magnetic materials business since 2001. After more than 20 years of in-depth development, it has become one of the enterprises with high technology and a complete product system in the domestic industry. Currently, the company has two magnetic materials production bases located in Ningbo and Baotou. The first phase of the Baotou base has been put into production, and the annual production capacity of the company's rare earth permanent magnet materials has been increased to 9,000 tons. The company is actively promoting the second phase of the Baotou base project to further increase production capacity to 13,000 tons. At the same time, the company is accelerating its international layout and enhancing its market share through a newly established subsidiary in Germany

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