TheTechno Optimist.

High-performance NdFeB magnetsJL MAG Rare-Earth—JL MAG says Baotou 20,000 t magnet plant structure is mostly built, targets 60,000 t/yr by end of 2027High-performance NdFeB magnetsJL MAG Rare-Earth—JL MAG forecasts H1 2026 profit up 31-51% as robot and servo-motor magnet sales jump about 90%

High-performance NdFeB magnets

by JL MAG Rare-EarthCN

Supply the magnets inside the world's electric motors at the largest scale, growing from 40,000 to 60,000 tonnes a year by 2027 while moving into robot motor parts.

ScalingStage 5 of 5

40,000 t/yr above 90% use; a 20,000 t/yr Baotou plant is largely built, equipment due by end-2027.

Updated 9 Sep 2026Checked 11 Oct0 updates this week

Milestones

Next · Capacity reaches 60,000 t/yr
  1. World's largest rare-earth magnet maker by volume2024Complete.
  2. Magnet capacity reaches 40,000 t/yr2025Complete.
  3. Export licences granted for US, Europe and SE Asia11 Jun 2025Complete.
  4. Small-batch humanoid robot rotor deliveries2026Complete.
  5. Baotou phase III main structure largely builtSep 2026Complete.
  6. Capacity reaches 60,000 t/yrTarget Q4 2027Current milestone.

Most important updates

Upcoming

  1. Q4 2027Capacity reaches 60,000 t/yr (next)
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