The Chinese Takeover Furphy, page-14

ausheds - Jack Lifton disagrees with you and just said as much:-

Jack Lifton on March 11, 2015 at 10:17 AM said: Everyone needs to keep in mind that even at 0.7% of the total mass of a Nd-Fe-B magnet the demand at that level could be between 700 and 1000 tons this year (assuming that all Nd-Fe-B magnets utilized dyprosium, which they do not) Since in fact the average use of dy over all REPMs has been estimated at 1.5% currently this means that the total legally reported production of dy is completely utilized. Very few critical applications of magnets will simply switch based on experimental data; even if the data turns out to be correct the changeover will take years. These are years during which total REPM production will increase dramatically according to both Kingsnorth and Hatch. Therefore the issue is will “thrifting” be enough reduction in individual use so that the supply is able to keep up with increasing demand. I am betting that the answer is a big negative. -

Source: http://investorintel.com/rare-earth-intel/northern-minerals-sexiness-xenotime/#comment-425710

now what part of that didn't you understand