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.
Neodymium Oxide 99.5%min FOB China
Unit:USD/mt
China praseodymium-neodymium oxide recycling producers' inventory to production ratio statistics by province by month
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