kenjul, REE are down because after years of promises it came out...

kenjul, REE are down because after years of promises it came out that it is close to impossible to make money producing REE fines. A lot of capex is required, it is environmentally dangerous business and a lot of money needs to be spend to protect the environment from the waste and aggressive chemicals that are part of the production process. Also the fact that each single REE miner seems to want to do it 'all by themselves' instead of joining forces in a massive JV and start producing from the best prospect site.
GXY and LYC dismays are quite a proof that even the completion of the production line does not warrant a decent income. I woke up from my REE dream some time ago, tried to hold to ARU as the last stock but eventually decided to let it go as well.