The production line project of Huaguang metal industry (Baotou) Co., Ltd. with an investment of US $18 million is located in Jiuyuan Industrial Park. The project covers an area of 45 mu. It is invested and constructed by Huaguang metal industry (Baotou) Co., Ltd. under Taiwan presico group. It is a supplier of precision casting and other related industries in Taiwan. It mainly produces rare earth magnesium calcium spheroidizing agent with an annual output of 40000 tons, The product combines the advantages of various spheroidizing agents, with wide application range and large market demand. The project was started at the end of May and put into operation at the end of the year