Ann: Trading Halt, page-16

Suggest you do a little background reading beyond the happy clappers, rather than shouting here:

"The biggest challenge for prospective producers in Australia and elsewhere is that projects are not bankable: banks will not lend to a project when the pricing is as opaque as it is with rare earths. Equity markets are similarly unprepared to deliver the capital required to bring these projects to life.

A Chinese metals exchange which traded rare earths collapsed amid widespread fraud in 2015. Since then, a number of research houses post public prices based on surveys of traders, mining companies and consumers, but there is no futures market or any forward pricing that could be used to secure finance. The reality is that prices are hammered out in private negotiations of long-term contracts with customers. Rare earths are not generic commodities but are mostly produced to the specification of individual customers.

There is a chicken and egg problem: potential financiers would want to see binding take-off contracts before committing, but potential customers will not commit until they are sure the project can deliver the volume and quality or purity of the material they require. Because of the technical difficulty in separating many rare earth ores, a pilot plant cannot provide that assurance — potential customers need to see the output from the full-scale plant before they are ready to sign a binding contract."

https://www.ussc.edu.au/analysis/ra...e-for-government-intervention#footnote-def-22