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Materials

Shin-Etsu Picks China For Rare-Earth Alloys

by Michael McCoy
March 26, 2012 | A version of this story appeared in Volume 90, Issue 13
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Shin-Etsu Chemical will spend $18 million to build a plant in Longyan City, in China’s Fujian province, to make rare-earth-containing alloys used in magnets. The facility will have a capacity of 3,000 metric tons per year and open in January 2013. The project is the latest step by Shin-Etsu, a major rare-earth-magnet producer, to deal with decreased exports of rare earths from China. Other efforts include participating in new rare-earth mining operations around the world and reducing the amount of rare earths in its products.

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