Jinlong Rare Earth doubles NdFeB magnet capacity to 10,000 tons in Baotou, reinforcing China's control over EV, wind, and defense supply chains.
Company Profile
Jinlong Rare Earth New Materials (Baotou)
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About Jinlong Rare Earth New Materials (Baotou)
Jinlong Rare Earth New Materials (Baotou) Co., Ltd. is a Chinese rare-earth permanent-magnet manufacturer based in Baotou, Inner Mongolia, the heart of China’s rare-earth industry. The company produces high-performance sintered neodymium-iron-boron (NdFeB) magnetic materials for high-end wind-power generation, energy-saving home appliances and new-energy vehicles. In 2025 Jinlong put the first phase of its project into operation, a 5,000-tonne-per-year NdFeB production line, with total planned investment of about 2 billion yuan across roughly 13 hectares; a subsequent 15,000-tonne line is targeted for completion by the end of 2027, lifting projected annual output value toward 4 billion yuan. Located within the Baotou Rare Earth High-Tech Zone, the company benefits from the region’s designation as China’s largest rare-earth new-material base and forms part of the country’s tightening rare-earth-to-magnet downstream value chain.
Its Chinese name is 金龙稀土新材料（包头）有限公司. It is Fujian Golden Dragon Rare-Earth’s own magnet unit; Fujian Golden Dragon is about 65.2% owned by Xiamen Tungsten. It is a different company from Northern Jinlong (Baotou) Rare Earth (北方金龙（包头）稀土有限公司), a 51/49 China Northern Rare Earth and Golden Dragon joint venture that is building a rare earth oxide separation line in Baotou.
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Recent Articles
Jinlong Rare Earth joins China's World-Class SOE list, advancing rare earth materials with cost-cutting tech and grain boundary diffusion.
Baotou's $3.3M smart factory achieves 52% faster production using AI & IoT, setting new standards for China's rare earth manufacturing dominance.
China approves $650M Northern Jinlong rare earth separation plant, advancing strategic consolidation through capacity redistribution & North-South integration.
China approves $64M Northern Jinlong rare earth project using capacity-swap strategy—no new output added, but better product mix by 2026.
Baotou Rare Earth Products Exchange expands market reach with innovative trading models, price benchmarking, and supply chain finance solutions in 2025.
China Northern Rare Earth Group partners with Fujian Jinlong to develop advanced 5,000-ton rare earth processing line, strengthening global market dominance by…
China Northern Rare Earth Group invests 457 million yuan in rare earth oxide separation joint venture to boost supply chain and market competitiveness.
China Northern Rare Earth plans $20.9M joint venture to establish 5,000-ton rare earth oxide separation production line in Baotou, enhancing market capabilitie…
