Core Viewpoint - The company is actively developing its rare earth recycling capabilities and has established a comprehensive recycling system to meet client demands for recycled rare earth materials [1] Group 1: Company Developments - The company holds a 51% stake in Yin Hai New Materials, a firm specializing in the comprehensive recycling and utilization of rare earths, which includes products like praseodymium-neodymium oxide, dysprosium oxide, terbium oxide, and gadolinium oxide [1] - The annual production capacity of the rare earth waste comprehensive utilization project is 5,000 tons, which has received approval from relevant authorities in Inner Mongolia [1] - The company has obtained the ISO 14021 certification for recycled materials from SGS, indicating its commitment to sustainable practices [1] Group 2: Future Plans - The company plans to continue increasing the proportion of green recycled materials in its products, leveraging Yin Hai New Materials' advantages in the recycling sector [1] - There is an indication that the company may consider further acquisitions of shares in Yin Hai New Materials in the future [1]
金力永磁:银海新材年产5000吨稀土产品废弃物综合利用项目已取得相关主管部门的批复