Lol Fezza, that is EXACTLY the point, China has used RE to milk ROW tech for all it is worth and the price bubble resulting from their coup de gras quota cut in 2010 has resulted in the hollowing out of ROW RE demand.
Punters here have got their heads so firmly stuck up you no where they can't even acknowledge China only sold HALF their 2011 & 2012 quotas, circa 16kt each year!
Add another 16kt for Molymess, smuggling and others and the ROW market ATM is circa 32ktpa.
I'm as bullish as anyone can be on Lynas, a world class asset together with an extremely well crafted business plan, but punters are kidding themselves if they cannot understand how the end market has shifted dramatically.
db- "production in malaysia going to plan", page-106
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