imho,you wrote "The demand for REE is not increasing in the short term as evident by the price"
imho I think you are missing the most important point in the World when it comes to Rare Earths. The rest of the World outside of china does not want to rely on china for the supply of its Rare Earths, what do you think would happen if China decided to put a freeze on all exports of Rare Earths, that's what makes our Australian Rare Earth companies so valuable .
Obama - Rare Earths speech 13Mar12.
Talks about the importance of the supply of Rare Earths to USA.
about two and half minutes in.
http://www.youtube.com/watch?gl=UG&feature=related&hl=en-GB&v=fLOGqkccgTs
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