FAST NEWS: JL Mag to Build Magnetic Steel Composite Recycling Project in Mexico

The latest: High-performance rare earth materials maker JL Mag Rare-Earth Co. Ltd. (6680.HK; 300748.SZ) announced on Tuesday it will invest $100 million to build a comprehensive project to process waste neodymium (NdFeB) magnetic material in Mexico. Looking up: The company believes growing demand for rare earth permanent magnetic materials and the increasing amount of NdFeB waste magnets overseas will promote large scale recycling of such resources, thereby promoting the sustainable development of rare earth resources. Take Note: The project will take up to three years to complete. Differences in the legal, policy and business…

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Despite the Hype, 3D Printing Leader UnionTech Remains a Fundraising Minnow

Company raised a modest $28.8 million in its latest funding round, as its general manager predicted the niche industry could be at a ‘tipping point’ Key Takeaways: Leading 3D printing equipment maker UnionTech has raised a modest $28.8 million in its latest funding, as it expands into businesses across the 3D printing value chain The company will need to expand its market presence into more industries and improve its technology as it enters its next development phase ahead of a planned IPO, By Trevor Mo After years of remaining mostly…

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Neusoft Medical Sets Sights Again on HK IPO, With Business Risks in Focus

Neusoft Medical Systems, a leading Chinese provider of medical imaging equipment, has filed to list on the Hong Kong Stock Exchange for a third time Key Takeaways: Neusoft Medical has taken several twists and turns on the IPO road, reversing out of an earlier bid to join Shanghai’s STAR Market and now making a third attempt to list shares in Hong Kong The company’s business picture is dotted with risks from falling R&D spending in relation to revenue, rapidly rising sales costs, and a reliance on distributors By Ellie Si…

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