Industrial Securities, Great Wheel Asset, CCB Principle Assess Management, and Bank of Beijing Scotiabank visit Asian Metal

On the afternoon of March 13, He Jing, researcher in the iron-steel & non-ferrous metals industry of Industrial Securities Co., Ltd. ("Industrial Securities"), Tian Feng, senior researcher of Great Wheel Asset Management Company ("Great Wheel Asset "), Zhu Yun, researcher of CCB Principle Asset Management Co., Ltd. ("CCB Principle Asset Management"), and Huang Xiaolei, researcher of Bank of Beijing Scotiabank Asset Management Co., Ltd. ("Bank of Beijing Scotiabank") visited Asian Metal. Eric Qiu, rare earth market analyst of Asian Metal warmly welcomed the four and conducted in-depth exchanges about the rare earth market.

Eric Qiu introduced the promoting status of rare earth industry policies such as mandatory plan, storage, and cracking down on illegal mining to He Jing delegation, patiently answered questions such as China's importing rare earth ores, domestic mineral taxes and quotas, and magnetic industry stocks, analyzed the causes of the recent price trend of rare earth products in depth, and finally forecasted the rare earth market trend. In addition, both parties had a keen interest in and discussed about the impact on rare earth industry from new energy automotive industry's growing demand for magnetic materials and Tesla Model 3's use of rare earth permanent magnet motors.