Mianyang Giastar Magnet Material Co, Ltd. is located in Jingdongfang Road, Fucheng District, Mianyang City, Sichuan Province, with registered capital of 1.6 bilion yuan, which was co-invested and established in July 2022 by Sichuan Giastar Group Shenghe Resources ( stock code: 60392 ), Kefa Group. The company focuses on the research, development and sales of high-performance sintered Nd-Fe-B permanent magnetics which are widely used in new energy vehicles, wind power generation, energy saving home appliances, industrial motors, 3C electronics, intelligent robot, aerospace industries.
Our "annual output of 100,000 tonnes of high-performance sintered Nd-Fe-B permanent magnet materials project" are planned to be in three phases. The first phase of the project covers an area of 536,000 ㎡and investment of 3.2 billion yuan. The construction started on 28 October 2022 and the completed on 30 June 2023 with its completed production lines and fully connected.
