Nexon Geochem Signs Rs 1,250 Crore NdFeB Magnet MoU With Andhra Pradesh: A Named Investor Behind the State's Minerals Push

Name: Techadyant Labs
Address: House No. 550 (A), Datta Galli, Vadagaon, M. Vadgaon, Belagavi, Karnataka, 590005, IN
Price range: $$$

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Nexon Geochem has signed an MoU with the Andhra Pradesh Economic Development Board for a Rs 1,250 crore sintered NdFeB magnet facility at Kakinada, planned at 600 tonnes a year. It is a project-formation milestone, not production.

Critical Minerals & Materialslive

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