Aluminum Copper Lead

Guangdong Rising Rare Metals starts relocation and upgrading project

On December 18, Guangdong Rising Rare Metals EO Materials Co., Ltd. started the relocation and upgrading project in Qingyuan Yingde High-tech Industrial Development Zone.

Guangdong Rising Rare Metals plans to invest RMB1.02 billion (USD155.44 million) to build a new garden-style Ta-Nb plant. The construction area of the project is about 356 mu, which will be constructed in three phases. The planned construction period of the first phase is 18 months. After the project is completed and put into production, it is expected to achieve annual revenue of about RMB1.3 billion (USD198.11 million) and tax of about RMB70 million (USD10.67 million).