China FOB is what we want Warnie: the Chinese internal price is about 20% lower. Lots here have been speculating that we would struggle to get FOB prices, especially initially.
Depends partly on which elements we're selling (a big chunk of the cerium would be goot) but last time I checked the FOB 'basket' price (Frontier RE's page and some arithmetic) it was about $27. That's fine for making a modest profit and the prices have risen since, check recent OMG posts.
is lynas profitable at china fob prices?, page-10
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