China Rare Earth Giant Gains Export License to Sell to US and Europe Markets

Overseas media: China grants export permits to rare earth giants, allowing sales to the US and European markets.

China's leading rare earth company, JINLI YONGCHENG, announced that it has obtained permits to export magnetic materials, components, and motor rotors to the United States, Europe, and Southeast Asia, triggering a rise in its stock price.

The company, headquartered in Jiangxi Province, China, is one of the largest manufacturers of permanent magnets in the world.

Original article: https://www.toutiao.com/article/1834713504070724/

Disclaimer: The article represents the views of the author only.