Northern Rare Earth: The recycling of waste materials and the use of raw materials to produce permanent magnetic materials are not affected in terms of performance, etc., with the same caliber.

Northern Rare Earth recently stated at a performance briefing that the recycling of resources has reached an unprecedented height in this era. The company has always attached great importance to the recycling of resources, and has taken a series of corresponding measures from product sales to the recycling of metal waste. Waste recycling is an effective supplement to the source of raw materials and will have an impact on raw material prices due to different quantities in a certain period of time. Recycling of waste materials and the production of permanent magnet materials using raw materials have no impact on performance and stability, with the same caliber.