LYC 0.00% $6.40 lynas rare earths limited

bad feeling , page-16

  1. 22,427 Posts.
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    Because of the big difference in the price of the respective REEs, if I were a
    Chinese producer who wanted to avoid export & domestic tax I would simply label the high priced elements (eg:Europium) as a cheaper element (eg:Lanthium Oxide) and then re-invoice the customer for the balance later. It would be
    difficult for the Chinese Authorities to check every shipment.

    Cheers
    Moorookamick
 
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