JL MAG Rare-Earth Co., Ltd. (dual-listed on the Shenzhen Stock Exchange and the Hong Kong Stock Exchange, stock codes: 300748.SZ/06680.HK) is a global leader in the rare earth permanent magnet industry, specializing in the R&D, production, and sales of high-performance NdFeB permanent magnets, magnetic components, motor rotors for humanoid robots, as well as rare earth recycling.
The Company’s products are extensively used in new energy vehicles and auto parts, energy-efficient variable-frequency air conditioners, wind power, robots and industrial servo motors, 3C, energy-saving elevators, and rail transit. The Company has established long-term, stable partnerships with industry-leading companies both in China and around the world.
Compared with other magnetic materials, NdFeB permanent magnet materials have outstanding advantages in magnetic properties, high BH value, Hcj value and capacity density. Currently JL MAG is able to supply a full range of products. It has been equipped with entire production capacity of product development, mold development and manufacturing, block production, finished product processing, surface treatment and other processes under fully controlled and managed process. JL MAG masters core technologies such as block production and grain boundary diffusion technology. It is able to supply customers with high-performance rare earth permanent magnets in a long-term and stable manner. According to the needs of the application field, JL MAG, equipping with production, inspection and research and development equipment, has established a thorough production process and quality management system. It has obtained ISO 14001:2015, ISO 9001:2015, IATF 16949:2016 and other environmental and quality system certifications. At present, N58、56M、56H、56SH、54UH、50EH、45AH、38VH and other grades of high-performance sintered NdFeB magnets, and also magnet assemblies, injection bonded magnets, compression bonded magnets have been supplied in mass batches. JL MAG has powerful competitiveness in the industry based on its various product categories, firm stability, comprehensive quality and competitive price.
Rare earths are a strategic resource of China. Our company is headquartered in Ganzhou, Jiangxi Province, the main production place of heavy rare earths, and has invested and built factories in Baotou, Inner Mongolia, the main production place of light rare earths, and Ningbo, Zhejiang Province, which is rich in magnetic material processing and trading. The company has established stable cooperative relations with important rare earth raw material suppliers including China Rare Earth Group and China Northern Rare Earth Group, and signed long-term supply agreements, which can ensure long-term and stable supply of rare earth raw materials.
JL MAG Rare-Earth Co., Ltd. has five factories in Ganzhou, Baotou, and Ningbo, with a magnetic materials production capacity of 40,000 tons per year, equipped with advanced embodied robot motor rotor production lines. The approved production capacity for recovering various single rare earth compounds is 5,000 tons per year, and the magnetic materials production capacity is expected to reach 60,000 tons per year by the end of 2027.
On September 22, 2020, President Xi Jinping solemnly declared at the 75th Session of the United Nations General Assembly that “China will enhance its contributions and adopt more robust policies to peak carbon dioxide emissions before 2030 and achieve carbon neutrality before 2060”. Adhering to the vision of "Becoming a Global Leader in the REPM Industry", the Company has remained committed to its mission of "Creating a Better Life with Rare Earths" over the past seventeen years and focused on the new energy, energy conservation and environmental protection sectors. The Company upholds the core values of "Customer Orientation and Value Co-creation", and implements the business philosophy of "technological leadership, reliable quality, on-time delivery, management (service) enhancement, capital empowerment, and transformational growth". The Company is dedicated to contributing its magnetic power to the grand endeavor of achieving carbon neutrality.
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