LYC 0.00% $6.40 lynas rare earths limited

china daily, page-44

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    Yep and that's all supported by the article.
    To quote the article the statement wants "...strengthening industry self-discipline, maintaining production and operational order and strictly following the production control plan."
    In other words maintain illegals crackdown and stick to production quotas.
    The article (not the statement) talks about efforts to "... cool down the price rally of rare earth"; to me that means price stability not suppression.
    Which makes sense as NdPr is right in the economic sweet spot (range); profitable for producers and affordable for end users.
    Now to achieve stable balanced demand & production growth over time. Provided by Chinese extra capacity and a cheap Lynas expansion, as discussed on Investor Intel recently.
 
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