General Discussion, page-1943

I did see on the weekend MB and just thought - seriously - this could mean only one thing - as you say things are heating up.

Beijing have in recent years already taken full control or 90% of RE industry in China by:
- closing many RE mines and combining the remaining mines - well 90% into 2 state owned entities - China North and China South RE.
- by securing RE concentrate from anywhere - very cheap - very unethical - very non ESG such as Myanmar large volumes (currently little).
- by controlling RE production quota's.
- by controlling (manipulating) RE pricing.
- by passing legislation 18+ months ago to ban exports of critical minerals.
- by acting on such with recent export bans of gallium - germanium and synthetic graphite's.

Anticipate the RE export bans are coming (I know 2025 was mentioned somewhere yet I can never find that again - but it could be sooner) - on national security grounds - it is just when. China has very large reserves of RE's they will need for future decades of domestic consumption along with cheap concentrate imports referenced above. They are losing global market share and by 2026 when Lynas expansions and US plant commissioned - Iluka and Arafura - Vietnam and wherever else are commissioned that market share will further lower.
Beijing plan was to always leverage early RE controls to develop higher end - higher value products - and use as a powerful political tool - I'm sure they would have liked to use such for much longer - however the ROW have fast tracked increased RE supply through to magnets and end products.

All comes down to finance for ARU - as with many potentials. Given what ARU management have provided in detail in recent quarterly - we can anticipate that major event to arrive soon - with key announcements arriving very soon - there must be definitely 2 and a possible 3 off take announcements remaining - then 4 finance binding announcements - 6 or7 TH and announcements unless they ann the finance in one - hopefully in steps to capitalize on SP gains - maintain such for future SPP/CR when needed.