MP recently signed an agreement to make batteries for GM, if you recall.
The VC's running MP out of Las Vegas are hustlers, but even now MP's SP is far above LYC's.
LYC is completely above board and goes the extra mile to stay that way.
MP still cannot do much beyond concentration. Thus LYC also has significantly more value add and higher overall production capability.
Lynas versus MP, page-12
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