Jinyuan Rare Earth  was founded in 2005 and is now a subsidiary of China Rare Earth Group. Situated in the Wanggao Industrial Park, Hezhou, Guangxi, it is a high-tech enterprise integrating rare earth oxide separation,refining, R&D, production and sales of rare earth, rare earth alloy and NdFeB permanent magnetic materials. Covering an area of 300 acres, the company currently employs 370 people.It has built 5,000 tons of rare earth separation, 2,000 tons of rare earth metals, 4,000 tons of NdFeB magnetic materials, and 2,000 tons of NdFeB surface treatment production line. It has a complete deep processing industrial chain of rare earth metal + magnetic materials from rare earth mining→ smelting and separation→ rare earth metals.