Info.
Prices in the rare earths sector have been weakening for months and interest in the sector has already reached its lowest ebb. The Chinese have perfected the art of manipulating the market in such a way that the West is unable to set up its own production. The Chinese can set the prices and since the companies there are mostly supported by the government, they are also happy to produce at a loss for a certain period of time just to avoid competition on the market. The strategy in the lithium sector is similar. Here, too, phases like the current one are accepted. Western investors, banks, financiers and brokers are scared and are once again being scared. The Chinese are doing everything they can to build up the highest possible capacity and get their hands on as many projects as possible. Once this process is complete, prices will return to balance and Chinese companies will print profits while Western companies will be blinded again. Extract from www.goldreport.deThis is the only way consumers pay the price.Our bureaucracy prevents everything.Regulations, environmental requirements, etc.The Chinese are miles ahead of us and they have money; if necessary, the bank "government" steps in.The Chinese are involved in almost all major projects from Africa to Australia to South America and they will determine where things go.My opinion.
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