Zero, absolutely right, there is also LCM in the UK (a private company & dont want to expand hugely) and a couple of companies in Germany but they are not likely to grow sufficiently fast for the market demand. There is also the problem that virtually all patents are owned by China & Japan. But that was not my point - my point was that there is NO shortage, and there wont be, of Rare Earth Ore, which is not worth much.
The problem is separation and magnet making
China’s Export Control product list, page-51
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