Baotou INST sees growth in permanent magnet applications

By Albert Li
Published: Tuesday, 06 December 2016

The recently-listed Mongolian company expects growth to continue in NdFeb demand following a number of supply deals agreed with major companies.

Newly-listed Mongolian magnet producer Baotou INST Magnetic New Material Co. is strengthening its position in magnet applications as the company has begun to supply Datang Corp. with neodymium-iron-boron (NdFeB) magnets for wind turbines.

The company began...

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