Hitachi Metals establishes joint venture for neodymium-iron-boron magnets in China  [ China ]

Hitachi Metals, Ltd. and Beijing Zhong Ke San Huan Hi-Tech Co., Ltd. announced that they have completed the establishment of Hitachi Metals San Huan Magnetic Materials (Nantong) Co., Ltd., their new joint venture to produce neodymium-iron-boron magnets in China. The new company is capitalized at CNY 450 million, of which 51% was provided by Hitachi Metals and 49% was provided by Beijing Zhong K...
<Sep 02, 2016>