Jl Mag Rare-Earth 'H'

Shares of JL Mag Rare-Earth jumped 17.0% to HK$19.45 after the company issued a positive profit forecast for H1 2026. Net profit attributable to shareholders is estimated at RMB 400–460 million, an increase of around 31–51% year-on-year; revenue is expected to rise about 30%. Drivers include strong demand and high rare-earth prices; the new-energy vehicles/auto parts segment grew about 30%, while robotics and industrial servomotors rose by roughly 90%. China’s export controls on heavy rare earths have tightened supply and strengthened the pricing power of domestic producers. » Mere på de.investing.com

After Beijing loosened export restrictions, Mag Rare Earth has reportedly been granted a license for accelerated exports of rare earths, according to an insider. The move is the result of the summit between US President Trump and head of state Xi Jinping and is intended to resume shipments of strategic raw materials. The easing aims to reduce trade tensions and relieve industries such as the automotive sector. » Mere på handelsblatt.com