RMB/Gt, it's shorthand.
Currently 1050 on SMM metals.com.
ausheds sowed some fear about speculative nature of NdPr price spike and lack of demand at ~600 about the same time he sold!
Through the rise, from before the rise, I have always maintained there was good math and logic behind China allowing rising prices and expect about double todays in the next year or two with obvious allowance for the ups and downs. I also suspected at the time and still today that the Toyota-Byd JV - a monster that could easily consume all Lynas production - was the reason the CCP relented on anti-Lynas activities. We have yet to see what BTET will become. I remain very interested; just as I am about Hitachi-Bain and other Toyota JVs into regional winners.
Ann: 2021 AGM Voting Results, page-27
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