Reasons for the closure of rare earth in Jintan Hailin

The market is weak and prices continue to fall. The reason for the closure of Hailin Rare Earth in Jintan City is that the cost of rare earth mines is high, the price of rare earth oxides is upside down, and the demand is sluggish, which leads to the closure of the factory. Jintan Hailin Rare Earth Co., Ltd. is located at No.89 Changliang East Road, Jintan District, Changzhou City. Its business scope includes the development, production and sales of rare earth separation related products, the production and sales of timely products, the sales of silicon materials, silicon wafers and solar module, the import and export of various commodities and technologies, and the transportation of road goods.