China, which still controls more than 75 percent of the world’s rare earth reserves – despite recent discoveries of deposits in Australia, Canada and Mozambique – has demanded that companies set up high-end manufacturing within China, in order to gain access to these rare metal elements.
The US controls some 80% of the world’s helium reserves and has become increasingly protective of this scarce resource as they run their reserves down.“If China wants to get control of all high-tech manufacturing through their monopoly of rare earths, we’ll show them that they still need the rest of the world,” said Senator Charles Conway.
“If China wants to get control of all high-tech manufacturing through their monopoly of rare earths, we’ll show them that they still need the rest of the world,” said Senator Charles Conway.
The immediate result is that China’s exceptionally lucrative medical imaging industry has struggled to secure sufficient helium to run the complex cooling systems in their devices.
My take is Tamyrn and others are friendlies which give the board more than a 20% blocking stake. They can defend takeover bids. The reason for the manipulation is anyone's guess. It's undeniable games are at play behind the scenes here though. It's also my understanding that the Tamyrn option to Notable Pioneer has lapsed.
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