NdPr Metal
The value chain of rare earth metals consists of mining, concentrate production, Rare Earth Elements Separation,
Metallization (NdPr metal processing), NdFeB Permanent Magnet Manufacturing, and end users.
①
Mining
&
Rare Earth Concentrate
Production
②
Rare Earth
(NdPr)
Element
Separation
③
NdPr
Metallization
④
NdFeB Permanent Magnet
Manufacturing
⑤
End Users
Electric Vehicle,
Wind Turbine
Consumer Goods
Others
SEONG-AN's Business Area
SEONG-AN strives to be the First Mover of NdPr Metallization in the New Global Rare Earth Value Chain
Metal processing is an essential preliminary step in the production of NdPr Permanent Magnets (Sintered Magnet).
60
Nd
Neodymium
59
Pr
Praseodymium
Seong-An’s strategic blueprint involves sourcing rare earth raw materials (NdPr Oxide) mined and processed in Western nations such as the United States. Subsequently, these materials will be subjected to metallization (NdPr Metal) at Seong-An’s Vietnam Plant. The refined products will then be distributed to rare earth permanent magnet producers, solidifying Seong-An's role in the supply chain.
2024 | 2025 |
2Q | 3Q | 4Q | 1Q |
60t | 450t | 450t | 450t + |
20t capacity per month | 150t capacity per month | 150t + per month (2025 or later) |
Seong-An Metal Factory for NdPr Metallization