Established in March 2000, Inner Mongolia Rare Earth Ovonic Metal Hydride Co.,Ltd. is the first rare earth functional materials enterprise invested and deployed by China Northern Rare Earth (Group) High-Tech Co., Ltd. after its listing. It was founded as a Sino-US joint venture. The company officially started production in 2002 with an initial capacity of 1,500 tons.Since its establishment, the company has adhered to a dual-wheel drive of independent technological innovation and global market layout. With a cumulative R&D investment of over 100 million yuan, its products are exported to many countries and regions worldwide. The cumulative production and sales of hydrogen storage materials have exceeded 28,000 tons, and over 60% of products are supplied to leading global enterprises in the industry, establishing a solid market position in the field of rare earth hydrogen storage.
After years of development, the company has gradually realized the transformation to diversified and high-quality development. In 2011, it embarked on a diversified business strategy, and its independently developed high-temperature alloy products achieved mass production and market sales. In 2017, it successfully completed the equity transfer with the US partner and the change of registered capital, officially becoming a wholly-owned subsidiary of Northern Rare Earth. Relying on resource advantages of the parent company, it achieved leapfrog development. Starting from 2020, the company has laid out the development of solid-state hydrogen storage materials and devices, and continuously explored terminal application products for solid-state hydrogen storage. It has built an integrated solution service system covering materials, devices and applications, supporting the practical application of solid-state hydrogen energy industry .
The company possesses strong R&D capabilities with a professional and technically outstanding R&D team of more than 30 members. Meanwhile, it integrates high-quality industry-university-research-resources in China, and has established stable cooperative relations with many well-known research institutes and universities, including Changchun Institute of Applied Chemistry, Chinese Academy of Sciences, Fudan University, North China Electric Power University, Inner Mongolia University of Science and Technology, and Baotou Research Institute of Rare Earths. These partnerships empower technological innovation and product upgrading, enabling the company to develop customized products to meet customers’ differentiated demands and precisely match various markets and application scenarios.
Based on its core strategy of “Hydrogen Energy + Rare Earths”, the company has achieved a number of key technological breakthroughs in the field of solid-state hydrogen storage and successfully developed multiple series of solid-state hydrogen storage materials and modular hydrogen storage devices. As a pioneer in the industrialization of solid-state hydrogen storage in China, it has successively launched core products including solid-state hydrogen storage two-wheelers suitable for extreme working conditions, safe and efficient low-pressure solid-state hydrogen storage refueling systems, green and environmentally friendly hydrogen storage devices, convenient and efficient hydrogen source refueling systems, and rapid activation devices.Since its establishment, with outstanding technical strength and standardized operation and management, the company has been recognized as a High-Tech Enterprise, Green Factory, and Specialized, Sophisticated, Unique, and New Small and Medium-sized Enterprise. It has also been awarded the title of an Autonomous Region Key Laboratory and an Autonomous Region Engineering Research Center. The company has led or participated in the formulation of a number of national and industrial standards and owns more than 100 invention patents, making it a core innovation entity in the field of solid-state hydrogen storage applications.
