I. Project Name:
Product Heat-resistant Permanent-magnetic Neodymium Ferro Boron Materials

II. Project Implementation Agency:
Administrative Committee of Electronic Development Zone, XianyangCity

III. Project Description:
Heat-resistant Neodymium Ferroboron Permanent-magnetic Materials are a new-type Ferroboron Permanent-magnetic Material that features higher courier temperature, less nonreversible loss, smaller temperature quotiety, etc, so that its stability in magnetic performance is perfect in operation. Compared with general neodymium ferroboron permanent-magnetic material and high-coercive-force neodymium ferroboron permanent-magnetic material, the heat-resistant neodymium ferroboron permanent-magnetic material features superior high-temperature working performance. Therefore, application fields of the neodymium ferroboron permanent-magnetic material have been magnificently enlarged, and the focus on this kind of material from the market is on the rise.

The project will cover 200 mu of land as planned and the construction is divided into two phases (The 1st Phase Project includes 12 months and the 200 Phase Project 18 months). The annual output of neodymium ferroboron permanent-magnetic material (products) will be 1000 tons. As one of demonstration projects of state high-tech industry in 2000-2002, the project constructed a production line with an annual output of 50 tons Northwestern Nonferrous Metal Academy in August 2002, in order to conduct mass production of the NCG30JC neodymium ferroboron permanent-magnetic materials which is able to work at a temperature of 260℃. With strong technological competitiveness in the both the international and domestic markets, this project represents a hi-tech project with a short construction period and awarding economic profits.

IV. Total Investment and Cooperation Form:
The total investment for the project is US$ 24.3 million. Its cooperation forms include Joint Venture and Cooperation.

V. Anticipation of Market and Investment Return:
After the project completion, the annual sales revenue is USD25.39 million. Profit after tax is USD 7.26 million. Investment profit rate is 31%. Investment recovery period is 3.2 year.


Contact Person: Liu Tao
Tel.: +86-910-3313823
Fax: +86-910-3337281
Add: Gaoxin l' Road, Xianyang 712000