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Ningbo Zhaobao Magnet held a commencement ceremony for a new plant on October 28, 2022. The plant covers 50,000 square meters, with an investment of 350 million CNY (50 million USD) and an annual capacity of 5,000 tons.
| Site | Largest | Latest |
|---|---|---|
| Zhenhai, China | $50.0M | 2022-11-01 |