The year 2018 is the year of Baogang group break themselves and to innovate.
The ceremony news conference of China rare-earth industry business index and Baotou rare-earth product exchanges advisory committee set up in Baotou rare-earth hi-tech zone.
Bayan Obo mining district, Baotou, North China’s Inner Mongolia autonomous region, is planning to cooperate with Inner Mongolia University of Science and Technology on developing a research institute for multi-metal resource mining.
Rare earth is one of the most important resource of Baotou and is a business card of the city.
Baogang Group, an iron and steel State-owned enterprise based in Baotou, has been supporting construction work on the Hohhot Metro Line 1 and Line 2 projects, with 1,500 tons of steel supplied so far.
Baotou Group, the largest steel enterprise based in the northwestern region of China, has expanded its e-commerce operations with its first e-commerce platform launched last year to boost sales, according to a Nov 16 Baotou Daily report.
Trucks produced by Beiben Trucks Group were on display at the 12th China International Aviation & Aerospace Exhibition, Nov 11.
Baotou Equipment Manufacturing Industrial Park was recently rated as a national-level green park, according to the city’s commission of economy and information technology.
Located in Baotou Equipment Manufacturing Industrial Park, Inner Mongolia Huaxin Machinery Co is a respected heavy-truck manufacturer, putting it in one of the six traditional industries of the park.
Wind turbine for generating wind power were erected on grasslands in Darhan Muminggan Joint Banner, Baotou, Inner Mongolia autonomous region, Oct 25.
The value added economic output of industries above a designated size in Baotou, North China’s Inner Mongolia autonomous region, grew by 10.2 percent year on year in the first three quarters of 2018, according to the statistics bureau of Baotou.
Inner Mongolia North Hauler Joint Stock Co (NHL), a Baotou-based mine truck manufacturer, reported profits of 69.128 million yuan ($10.106 million).
Baogang Group has formed a complete rare earth industrial system, which can produce more than 50 kinds of products in 11 categories, to nearly a thousand specifications, according to Beifang Rare Earth Group Technology Co.
Inner Mongolia Baogang Steel Union Co, a Baotou-based steel manufacturer, held 301 patent applications and 229 patents in 2017, ranking first in the autonomous region, reports Baotou Daily.
Baogang Group reported a profit of 681 million yuan ($99.65 million) during the first half of 2018, according to a July 26 Baotou Daily report.