Hongda Xingye Signed Deal with Grinm on Rare-Earth Technolog

June 24, 2019

Hongda Xingye has just signed a deal with Grinm on Rare-Earth Technology for Hydrogen Storage. Both sides will work together, according to the deal, to conduct research and develop rare-earth materials for hydrogen storage.

 

Relying on the rare earth resources provided by its subsidiary, New Damao Rare Earth Group, and supported by Hongda Hydrogen Institution of Inner Mongolia, Hongda Xingye has made progress in its hydrogen-related business. The company will continue to make efforts in extending the industry chain which is composed of hydrogen producing, storage, transportation and application.