General discussion, page-3

An interesting analysis of China’s import and export landscape. Here's my key takeaway points:

China imported 1,471 mt of unlisted REOs in November, and stood at 18,000 mt from January to November 2021, of which 15,600 mt were imported from Myanmar. And its proportion in total imports rose from 75% in 2018 to 87% in 2021.

‘The imports of rare earth ores from Myanmar experienced great volatility in 2021, and overseas mining projects have attracted much attention. The Ministry of Health of Myanmar stated on December 27 that 4 omicron cases were discovered in Myanmar, followed by the news that the border between China and Myanmar was closed again since the last closure lasting through July-November 2021.' … 'Some domestic companies are pessimistic about the re-opening of the China-Myanmar border next year’. (Chinese New Year begins February 1). Hence, 'separation' companies have been actively looking for alternatives…

The exports of light rare earths such as lanthanum and cerium oxide are expected to increase in 2022.

Full story here.

All IMO, DYOR