BRIEF: JL Mag profit jumps over 20% in first quarter
Rare-earth magnetic materials producer JL Mag Rare-Earth Co. Ltd. (6680.HK; 300748.SZ) announced on Wednesday its revenue rose 16.05% year-on-year in the first quarter to 2.04 billion yuan ($299 million), while…
Tempest of mismanagement, wrongdoing brews in China Rare Earth’s teacup
After a barrage of internal accusations, the problem-plagued company, despite its attention-grabbing name, is becoming another cautionary tale for investors Key Takeaways: China Rare Earth’s subsidiaries are facing at least…
JL Mag fortified by strategic status of rare earths in U.S.-China trade war
The state-owned maker of rare earth magnets reported strong profit growth in the first quarter, reversing two years of declines Key Takeaways: As a maker of rare earth magnets that…
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…
Recent Articles
BRIEF: JL Mag profit jumps over 20% in first quarter
6680.HK
300748.SHE
JL Mag fortified by strategic status of rare earths in U.S.-China trade war
6680.HK
300748.SHE
Why JL Mag came unstuck, but is getting back on track
6680.HK
300748.SHE
