Tianjin sanhuan lucky to expand magnet capacity

摘要

Chinese neodymium-iron-boron magnets manufacturer Tian- jin Sanhuan Lucky New Material is on track to increase its capacity in response to rising demand from the automobile industry. The company aims to add 4,000 t/yr of production ca- pacity for high-performance permanent magnetic materials used in the automobile industry, boosting its total capacity to 9,000 t/yr from the current 5,000 t/yr.