Ningbo Co-star Material Hi-Tech Co., Ltd was established in May 2004 and is a high tech enterprise setup by technical people. The company is engaged in the development and production of sintered 1:5, 2:17 samarium-cobalt magnet material. The company has advanced production, processing and inspection equipment and technology and occupied a land area of 7000 square meter with building area of 2500 square meters. The yearly capacity is 40 tons of Smco and expanded to 100 tons in 2005 and is a samarium-cobalt magnet enterprise with large scale and professional technologies.
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