LYC 2.03% $6.74 lynas rare earths limited

reuters, page-16

  1. al1
    2,005 Posts.
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    i'd ignore it also..flies in the face of good economic management.....they have the stockpiles...more than enough.....so then is the time to do maintenance....this they won't have to do when the plant requires more supply...so no shutdowns during a demand period......

    the chinese are consolidating their mineral sand industry..cancelling licences.....and on top of this they are threatening to withold supply from Japan......what next withold supply from the USA.......no one is going to sit back any longer and be dictated to by the whims of the chinese.....the USA and Japan will be pushing hard for this to go forward to break the stranglehold of the chinese.....

    it will all boil down to a nation security issue for the USA....the need these rare earth for the defence systems.....and we all know how the USA like to be years ahead of anyone else in the defence/attack arena.....
 
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