I think the recent price run has something to do with this trip to Japan. Lynas has heavy Japanese backing/investors and Lynas supplies Japan with NdPr but no Dy and Tb. Definitely some senergies here for Japan to lock in non-Chinese supply of Dy and Tb like they did with Lynas all those years ago. Where there's smoke..
Ann: R&D Tax Offset Funds Received, page-13
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