JL MAG to raise up to CNY 718 million for high-end magnetic material project and supplementation of liquid funds

JL MAG Rare-Earth Co., Ltd. (JL MAG) announced that it plans to attract a maximum investment of CNY 718 million for constructing a high-end magnetic material plant. The remainder of the funds will be used to supplement liquid funds. The project will have a construction period of two years. The project will increase t....

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