We simply have to wait for an announcement re qualifying LAMP product & price.
Very few Chinese companies have ISO quality assurance let alone be capable of
consistently supplying product to these levels of purity.
All LYC has to do is beat the Chinese in quality and the rest follows:-
-better assurance of supply
-better conformity of production
-less leak of intellectual property and market intelligence
-better partnerships in R&D.
Last November a Japanese official said that Japan intended to diversify its REE supplies away from China dependance and he said that 9K tons would be sourced from Australia & 4K tons from India. (www.themalaysianinsider.com/article/japan) 12th Nov 2012.
I appreciate your half glass empty view cafa.
Cheers
Moorookamick
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