Successful Visit of Materion's Bart Ott Strengthens Bilateral Cooperation

In a significant development fostering international collaboration, a delegation led by Mr. Bart Ott, Vice President of Marketing and Business Development at Materion Corporation, paid a visit to Hunan Rare Earth on October 30th, 2023.

The visit aimed to explore and strengthen partnerships in various business domains. Mr Bart Ott commenced with a comprehensive tour of Hunan Rare Earth's facilities, including the exhibition hall, production workshops, and testing center. Mr. Bart Ott and his team engaged in substantive discussions on potential collaborations in critical areas such as rare earth metal targets and ytterbium vapor deposition materials. The discussions delved into intricate details, including product specifications, anticipated annual demand, and advanced processing details.

Expressing admiration for Hunan Rare Earth's research and production capabilities, as well as the high standards of testing conditions, Mr. Bart conveyed his positive sentiments towards the potential collaboration. Notably, he emphasized that the cooperation could extend beyond the initially discussed products, suggesting possibilities for collaboration in new fields such as commissioned testing and the preparation of refractory metals.

The visit concluded with a sense of achievement as both parties reached a preliminary consensus on the fundamental terms of cooperation for new products.