What I find interesting is the fact that while SMM keep on showing the Nd/Pr price contracting almost daily, The fact that their daily report is NEVER factually correct, indicates that whoever is dreaming up the numbers is not getting them from the MARKET. If prices are dropping why does the Chinese press keep on reporting REE shortages and price increases !. and why are we not seeing a corresponding easing of New York pricing ? something is not right !
Then why are we now seeing these almost hysterical attacks by the State sponsored 'REO' on Pensana and also every other Project which is thinking of selling into the West, GGG, VML, PEK, MKA, RBW all seem to be experiencing "problems" while not one mention of the (illegal) theft of Myanmar REE's or the continuing activities of Yunnan's polluting Ionic Rare Earth miners !
Make no mistake China will do almost anything to stop the West becoming self sufficient in Rare Earths: Propaganda, Price manipulation and even Share market interference will not be outside their repertoire.
When you cause mobs like Chinalco, Shengie or Great Wall to loose face, you should expect them to pull out all stops in seeking retribution !
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