PEK 5.71% 18.5¢ peak rare earths limited

what happened to the promised framework agreement?, page-9

  1. 454 Posts.
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    true,

    we also want to make sure we have some autonomy processing out of the country , otherwise our sovereign risk increases by having all the eggs in the country and at the whim of government oversight and laws.

    Rare earths minerals has economic power - i don't like the idea of the country utilizing that and by offshore processing we help to alleviate that from happening.

    imagine two years later post processing in the country , the company gets a rare earth export tax, then a environmental tax.. then another tax or fee and eventually the company has little value.

    i would want to see a robust agreement with mutual benefits than one that's met a deadline but longer term carries a greater risk.

 
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