Rare-Earth Mining

JL MAG has an ownership relation with Ganzhou Rare-Earth Mineral Industry Co. based in the city of Ganzhou, the "Kingdom of Heavy RE", which forms through the merging with some local rare-earth process and separation companies the Ganzhou RE GRoup. The strategy of the Ganzhou RE Group is to make a full value chain from RE mining to RE metals, oxides and trade. Ganzhou RE has 9.000 tons heavy RE mining quota. The light rare-earth material is supplied by a Joint Venture between JL MAG and Jangxi Copper Co. They supply directly to JL MAG and produce even more tonnes of flake material. in this way availibility and price stability of LRE and HRE material is being secured to the customer.