Shin-Etsu Picks China For Rare-Earth Alloys | Chemical & Engineering News
Volume 90 Issue 13 | p. 26 | Concentrates
Issue Date: March 26, 2012

Shin-Etsu Picks China For Rare-Earth Alloys

Department: Business
Keywords: rare earths, magnets, China

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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