INST plans to invest 650 million yuan to build an integrated application project for rare earth permanent magnet materials
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INST plans to invest 650 million yuan to build an integrated application project for rare earth permanent magnet materials in Baotou City, aiming to expand product capacity and enhance overall strength. This project will improve the industrial layout, meet customer demand for rare earth permanent magnet materials, strengthen market position, and open up new profit growth points for the company, promoting long-term stable development
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