I am not sure I get it. Moly is sending REE to China to get transformed to magnets etc and and paying >$1bill for the pleasure .Doesnt China have the ability to command change anything it chooses. Doesnt the US need REE etc in the future and wish to be independent?
Are they paying $$$ for access to Chinese technology. Man, mine to magnets at ANY cost.
Is Lynas going to end up selling REE to the US?
BTW I thought export quotas in China were also based on amounts calculated by the REE contained in alloys etc.
Is Molys export to the world from Chuna going to over ride any quotas and be totally independent unlike that envisioned with Lynas way back?
What the downside for Moly. I suspect they may be getting desperate for an ability to advance on to the next stage.
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