INNER Mongolian magnet producer Sky Rock will take 2500 tonnes of mixed rare earths carbonate a year from the Yangibana rare earths mine for a five year period under an off-take deal with Hastings Technology Metals.
The city of Baotou in China is the epicentre for the global rare earths industry but supplies are being depleted so local producers and suppliers are looking further afield.
Based in the Chinese city of Baotou, Sky Rock makes sintered neodymium magnets and sintering samarium cobalt magnets for computer, mobile phone, motor and generator and automobile companies worldwide....
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