CapEx News

Nexon Geochem Signs MoU with Russia's Giredmet to Build Rare Earth Magnet Manufacturing Platform in Hyderabad

Metallurgical Industries Jul 15,2026

Hyderabad-based Nexon Geochem has signed an MoU with Russia's Giredmet, under the Rosatom State Corporation, to jointly develop rare earth processing and NdFeB permanent magnet manufacturing tech

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Nexon Geochem Signs MoU with Russia's Giredmet to Set Up NdFeB Rare Earth Magnet Plant in Hyderabad

Metallurgical Industries Jul 14,2026

Nexon Geochem has signed an MoU with Russia's Giredmet to jointly develop rare earth processing and NdFeB permanent magnet manufacturing technologies, targeting a 1,200 MTPA sintered magnet facil

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