JL MAG to acquire 51% stake in Bayannur Yinhai New Materials
2022-07-06 11:55:11 [Print]
On July 5, JL MAG announced that it planned to acquire a 51% stake in Bayannur Yinhai New Materials Co., Ltd.; when the transaction is completed, the target company will become its controlled subsidiary.
Bayannur Yinhai New Materials focuses upon recycling and reutilization of rare earth polishing powder and magnetic material wastes, using wastes of rare earth polishing powder and magnetic materials as raw materials to extract rare earth elements.
Bayannur Yinhai New Materials focuses upon recycling and reutilization of rare earth polishing powder and magnetic material wastes, using wastes of rare earth polishing powder and magnetic materials as raw materials to extract rare earth elements.
PrNd Mischmetal Pr 25%, Nd 75% EXW China
Unit:RMB/mt
China's rare earth seperation plants' operating rate statistics by province by month
Unit: %
