One way to look at this is rare earths have crashed in terms of price.
Wait for the rest of the other markets to crash and then grow from a lower cost base.
Some of these Australian rare earth suppliers will not make it I think if any.
I am happy for the locals to get in on it and build but not at stupid prices/costs that hurts their prosperity as well as ours.
they were washing away the earth to get the elements and somehow it costs 403US in capex? it costs something but 403US?.
I get all the filtration for hard rock and what not but ionic clay processing needs those capex costs?? yeah nah and I am up for vertical integration but not in ways that screws us and the locals over!!! this is not a Hollywood la la land pump, this is a little more real world than that requiring pragmatic solutions with robust market synergies!!
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