Baotou Jinhai delays rare earth metals and alloys project

Baotou Jinhai Rare Earth New Materials Co., Ltd. has postponed its expansion and upgrade project, which aims to add annual production capacity of 4,000 tonnes of rare earth metals and alloys. The delay was caused by market conditions, preventing construction from starting within the original approval period. Authorities in Inner Mongolia have now approved an extension, allowing construction to begin by August 2026. All other project approvals remain unchanged.