Beixin Minerals | Strategy

HIGH PURITY RARE EARTH ELEMENTS

STRATEGY

To generate value for our shareholders, we are dedicated to developing and marketing mineral resources, with a primary focus on those within the Qixia Project.

Our Products

Beixin Minerals specializes in rare earth products that are crucial for various industries. Our range of products finds applications in a wide array of sectors including automotive, consumer electronics, energy efficiency lighting, optics, super alloys, advanced ceramics, and high-strength magnets. These rare earth materials are essential components in catalytic converters for automobiles, providing effective emission control. In consumer electronics, they contribute to the development of innovative devices such as mobile phones, speakers, and robotics.

The use of our products extends to energy-efficient lighting solutions, wind turbine generators, and power tools, ensuring sustainable and eco-friendly practices. In the automotive industry, our rare earth materials are utilized in electronic power steering motors, seat adjustment motors, fuel and water pumps, airbag sensors, and main drive motors in electric vehicles (EV).

At Beixin Minerals, we are committed to delivering high-quality rare earth products that meet the demands of various industries, enabling technological advancements and driving innovation.

Beixin Minerals aims to produce the following rare earth products from the Qixia:

  • High purity Neodymium-Praseodymium (NdPr) oxide product;
  • High purity mixed middle-heavy rare earths (SEG/HRE) carbonate product;
  • Cerium hydroxide product.

Beixin Minerals specializes in manufacturing high-purity NdPr oxide, which is its main product. This product is specifically designed for advanced magnet and magnet alloy customers. The primary market for NdPr oxide is the Neodymium Iron Boron (NdFeB) permanent magnet market. Beixin Minerals has a product mix that is well-suited to meet the demand from top magnet producers, as well as end users in the automotive and wind turbine industries.

Beixin Minerals has successfully completed the production of high-purity rare earth oxides (REOs) according to the pilot plans. These finished REO products are now available for customer evaluation and to ensure product specification consistency. Additionally, as a by-product of this project, Beixin Minerals will produce a marketable phosphate known as a 54% P2O5 phosphoric acid product, which is suitable for the granular fertilizer market.