people tend to forget the government's stance and strategic policy in relation to sovereign economies and deep understanding of economic wars. PRC will try to flood the REE market but their reliance on establishing supply chains in Africa is wishful thinking. The infrastructure requirements and long supply chains will add cost. So PRC/ state sponsored companies' offset of labour cost will be null and void due to the said mentioned costs of infrastructure and supply chain logistics.
The likes of AUS, USA, UK and CAN are strategically big players in the critical and strategic metal space. Governments are coming on line so any ASX companies working in said countries are safe from uncertainty by notional Chinese MOUs and non-binding agreements which can be voided on a whim.
$VML like many others, are on point, so I'm not to worried about China, it's more China is more worried about everyone else....
VML Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held
(20min delay)