Asian Metal visits Ningbo Jinji and Ningbo Xinying

On the afternoon of 5 December 2024, Ms. Vivian Pang, the Consultant & Senior Product Manager of Asian Metal, visited Ningbo Jinji Strong Magnetic Material Co., Ltd. and Ningbo Xinying Metal Materials Co. and were warmly greeted by the above companies.

First, Ms. Vivian Pang visited Ningbo Jinji Strong Magnetic Material Co., Ltd. and had an in-depth conversation with Mr. Yuanhu Hu, the Chairman & General Manager, and Mr. Yinhu Xu, the Purchase Manager, regarding the supply and demand pattern and price trends of Chinese NdFeB magnet products. With an annual production capacity of 8,000t, Ningbo Jinji Strong Magnetic Material Co., Ltd. focuses on the research & development, production and sales of high-quality sintered NdFeB magnets. The company obtained patent license of Hitachi Metals in 2013. The company subscribed Asian Metal for many years and always take Asian Metal’s rare earth prices as reference.

Afterwards, Ms. Vivian Pang visited Ningbo Xinying Metal Materials Co., Ltd. and shared opinions regarding rare earth price trends and demand outlook with Mr. Fujie Liu, the General Manager, of the company. Ningbo Xinying Metal Materials Co., Ltd. supplies rare earth products, including PrNd, dysprosium, terbium and so on, other metal products, ores and magnetic materials. The company will attend Asian Metal’s 16th Rare Earth Summit, which will be held on 15-16 May 2025 in Ningbo, Zhejiang province.