FAST NEWS: Rosefinch fund cuts JL Mag stake for eighth time this year
The Latest: Institutional investor Rosefinch Fund Management disclosed it sold about 850,000 Hong Kong-listed shares of rare earth materials producer JL Mag Rare-Earth Co. Ltd. (6680.HK; 300748.SZ) on April 8 at an average…
CHINA BULLETIN: China Further Extends Its Welcome Mat for Foreign Investors
In this week’s issue banks get creative, a doctor gets probed, and Apple’s Tim Cook can’t get enough of China. On a scale of 1 to 100, we give the…
Why JL Mag came unstuck, but is getting back on track
The company is going through a difficult adjustment after a plunge in the price of neodymium, a key ingredient in the rare earth permanent magnets that are its core product…
FAST NEWS: JL Mag’s profit dips on volatile rare earth prices
The latest: Rare earth materials producer JL Mag Rare-Earth Co. Ltd. (6680.HK; 300748.SZ) announced on Thursday its revenue fell 15.2% to 1.62 billion yuan ($222 million) in the third quarter, while its net…
JL Mag Steps Up R&D Spending as Growth Slows
The world’s top producer of rare earth magnetic materials said its revenue and profit growth slowed in the second half of last year, as sales to one of its key…
JL Mag Growth Slows in Tandem with Braking NEV Market
The maker of magnetic rare earth materials’ profit growth slowed to about 70% in the third quarter from 111% in the first half of the year Key Takeaways: JL Mag…
FAST NEWS: JL Mag to Build Magnetic Steel Composite Recycling Project in Mexico
The latest: High-performance rare earth materials maker JL Mag Rare-Earth Co. Ltd. (6680.HK; 300748.SZ) announced on Tuesday it will invest $100 million to build a comprehensive project to process waste neodymium (NdFeB) magnetic material…
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FAST NEWS: Rosefinch fund cuts JL Mag stake for eighth time this year
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Why JL Mag came unstuck, but is getting back on track
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