The company was founded in March 2019 and is located in the Innovation Industrial Park of Baotou Rare Earth R & D Center, Chinese Academy of Sciences, Baotou Rare Earth High Tech Industrial Development Zone, Inner Mongolia, China. Baotou Rare Earth R & D Center of Chinese Academy of Sciences is an emerging science and technology enterprise with the purpose of R & D and industrialization of rare earth industry. With a registered capital of 10 million yuan, offices, laboratories,warehouses and workshops cover an area of 2400 square meters. The research on the recycling technology of rare earth comprehensive waste and the preparation of medium and heavy rare earth metals carried out by the company belong to the key fields of the rare earth industry in Inner Mongolia Autonomous Region and Baotou, and have been highly concerned and supported by the competent departments of the industry at all levels of the Autonomous Region, Baotou and high tech zone.