Highlights

• Inner Mongolia Tianshi Technology Development Co. Ltd. invests 35 million yuan in new rare earth composite materials production.
• The project includes a new production line for rare-earth-based composite functional materials and a cerium oxide line.
• The company aims to enhance the downstream expansion of the functional rare earth materials industry.

Inner Mongolia Tianshi Technology Development Co. Ltd. initiated the development and construction of a high-end rare-earth-based composite functional materials project, which represented a total investment of 35 million yuan (4.82 million USD).

What does this project include?

• New production line for rare-earth-based composite functional materials
• Cerium oxide production line
• Other associated facilities

Founded in July 2024, Inner Mongolia Tianshi Technology Development Co. Ltd. specializes in the production, research, and development of advanced rare earth materials and compounds. As reported in Asian Metal (opens in a new tab), the project is positioned to enhance the downstream expansion of the functional rare earth materials industry.