Most Chinese rare earth miners running at a loss, page-12

The DOE report regardless of its age states that the US has an strategic interest in certain RE's.

None of which Lynas produces in any substantial quantity and thus it cannot rely on western governments to help save it from bankruptcy.
Meanwhile the Chinese producers are afforded Government backing.

Lynas should have diversified its product (the crown reserve was never pursued) but since it hasn't it's now solely at the mercy of market forces.


Just like Molycorp another LREE producer which is now rests solely in the hands of one of the creditors.