Nice Sterlo. 2023 was the first time Beijing released 3...

Nice Sterlo. 2023 was the first time Beijing released 3 production quota's in which there was an annual increase in production overall as they tried flooding supply - saturated the market - keeping RE prices suppressed (with financial support to their producers) for their own downstream low price high end product manufacturing they wish to flood global markets with - however I do recall seeing reduced exports from China.

So now we see the whole Chinese RE industry control under 1 umbrella - Beijing. Is this the intel/concerns that has Lynas expanding and Insto's clambering over themselves to get a foot in on their register and ARU's along with that awesome debt closure and off takes to tier 1 global entities.
Feb 7 2024 Beijing released first round of RE production quota's - they were up again - 12.5% - why 2 reasons - one is above other following. Seriously every year we see these substantial increases in China's RE production - yet they continue to sell for rice prices in order to squeeze out any new producers/supply. All to the huge advantage of Lynas and ARU - although not seen in their market caps currently it is arriving.

Of course there is a major third reason - Beijing want to retain control of global supply - it is extremely advantageous for them and a huge trade relationship tool/weapon if you like given the critical importance of supply certainty. Beijing has already muddied the waters and dipped their toes with several RE - Graphite export restrictions I would say not bans - just to put ROW on notice. It didn't work - all it did was assist excrementally the likes of Lynas and ARU as the West aligned with their own import bans and tariffs.

Patience folks - this is so close now and next 3+ years is going to be fantastic with ARU commissioning Nolans and the additional extremely external events which will be highly favorable.