Current NdPr production ~500tpm is "on allocation", effectively contracted, hence the confidence to add another 100tpm, 1200tpa.
"January-October, Baotou rare earth.....permanent magnet material output 21,651 tons"
http://www.repe.com.cn/index.php?option=com_content&view=article&id=1282:10-3&catid=22&Itemid=119
Read mag metal x 30% NdPr = 650tpm from the Gorilla. Maybe add 20% based on declared 80% vertical integration.
AM Statistics: China's PrNd oxide producers' average operation rate up by around 3.0% to 64.6% in November of 2017[12-12]
Go figure Lynas scale, are they eating the Dragon's lunch?
How is it so?
Pr/Nd oxide up again, market sentiment bullish, page-562
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