That’s a nice sentiment, but the ENTIRE global REE industry is only $10 billion.
Let that sink in.
So it’s aggravating that government and business leaders wring their hands and furrow their brows for years and years warning that China has a monopoly on critical minerals. As we all know, this is not because China has all of the resources, it’s because China undersold everyone. This problem is easily solved with a little cash, and the US is finally stepping up
The only way Lynas’ share price hits $20 is for the REE price to go up significantly. Two possible scenarios -> China reduces or ends REE exports to the US AND/OR REE demand ~doubles, as predicted by forecasters to happen in 2025-2030.
In the mean time, expect a grueling fight to $3. The day Lynas starts operations at either of the new plants will be worth a buck or two as well.
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