BRIEF-Tianhe Magnetics' Unit To Set Up Rare Earth Magnet Related Project

Reuters10-19

Oct 19 (Reuters) - Baotou Tianhe Magnetics Technology Co Ltd 603072.SS:

SAYS UNIT PLANS TO SET UP RARE EARTH MAGNET RELATED PROJECT WITH TOTAL INVESTMENT OF 850 MILLION YUAN ($119.27 million)

Source text

Further company coverage: 603072.SS

($1 = 7.1264 Chinese yuan renminbi)

(Reporting by Beijing Newsroom)

((Ethan.Wang@thomsonreuters.com;))

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