Thanks anndy.
Mere investors are kept in the dark as powerful global forces spar it out behind the curtain.
There is Defence and the spooks muttering 'national security'; the Australian government extending big concessional loans despite our politicians being clueless about HREE; China ruthlessly protecting their HREE monopoly; Europe fretting (credit card in hand) about supply; USA providing cover and support to close ally Australia's REE mining and processing businesses.
The FIRB should be administering the law limiting Chinese investment in NTU to 9.9%. Puzzling this has not been done.
Somehow, they have Australia deterring ourselves. How?
A good backgrounder for those new to this conflict:
https://www.mining-journal.com/rare-earths/news-analysis/4179735/revealed-little-minerals-deemed-critical-major-economy
What matters, really really matters, is creating a robust Western HREE Dy Tb supply chain. Today's news brings us no closer to this essential outcome.
A shambles.
Ash
Thanks anndy.Mere investors are kept in the dark as powerful...
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