And the decouple of supply chain continues…
In the West we have : MP, LYC, ARU, ILU, and a few other potentials that have potential to supply circa 10% of the world REE.
In the East we have : Chinese companies, and a few other potentials such as HAS.
No prizes for guessing which side will secure the highest prices due to the supply deficit?
https://www.politico.eu/article/precious-rare-earth-metals-belong-to-the-state-china-declares/
(From the above article)
Beijing has already prohibited exports of rare earth refining and magnet manufacturing technologies. In January, it banned the export of gallium and germanium, both highly sought after by the computer-chip industry.
Fears that China is looking control over the industry, and could disrupt critical technology, automotive and renewable energy supply chains, have sparked a race to shore up supplies from alternative suppliers.
Both the U.S. and the EU have launched efforts to procure rare earths at home and abroad, including in Vietnam, Brazil and Australia.
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