Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
The latest update is out from JL MAG Rare-Earth Co., Ltd. Class H ( (HK:6680) ).
JL MAG Rare-Earth Co., Ltd. has announced a significant investment of RMB1.05 billion in a new Green Intelligent Manufacturing Project in Baotou, aiming to produce 20,000 tonnes of high-performance rare-earth permanent magnets annually. This project, expected to complete in two years, will increase the company’s total production capacity to 60,000 tonnes by 2025, enhancing its positioning in the global rare-earth market.
More about JL MAG Rare-Earth Co., Ltd. Class H
JL MAG Rare-Earth Co., Ltd. is a company operating in the rare-earth industry, primarily focused on manufacturing high-performance rare-earth permanent magnets (REPMs). It aims to be a leader in the REPM industry worldwide, responding to market demand and aligning with China’s policy on building rare-earth bases.
YTD Price Performance: 11.52%
Average Trading Volume: 14,822,162
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$26.14B
For an in-depth examination of 6680 stock, go to TipRanks’ Stock Analysis page.
