A rare earth mine in Ganxian county in central China’s Jiangxi province. Photo: Chinatopix via AP
A rare earth mine in Ganxian county in central China’s Jiangxi province. Photo: Chinatopix via AP
IPO

Rare earth producer JL Mag expects boost from China’s growing NEV sector

  • JL Mag Rare-Earth supplied carmakers enough magnetic material to produce 800,000 NEVs in the first nine months of last year, up from 450,000 units in 2019
  • The Shenzhen-listed company plans to raise US$648.8 million from its Hong Kong offering, with the pricing due on Friday

Topic |   IPO
A rare earth mine in Ganxian county in central China’s Jiangxi province. Photo: Chinatopix via AP
A rare earth mine in Ganxian county in central China’s Jiangxi province. Photo: Chinatopix via AP
READ FULL ARTICLE