bad feeling , page-62

Cafa,

"Export Duties
In 2007, the Chinese government started to levy export duties to manage and control the variety and quantity of rare earth products to be shipped out of China. Initially, the duty rates were set at 10% and applied to fewer items than today. 56
The duty rates have increased over the years and now range from 15% - 25%. They are applied to more rare earth products. For example, China added a separate category in its 2011 export duty schedule for ferroalloys containing more than 10% of rare earth elements, and subjected them to a 25% export duty."

http://www.fas.org/sgp/crs/row/R42510.pdf

I'm pretty sure I've seen it expressed elsewhere as 15% on LRE & 25% on HRE, you'll also note they have recently applied tariffs to value add products containing RE.

The export licenses/quota costs also add $1 per tonne.

Well worth reading the “Technology for Resources” section, and as Lynas's own presentations show this has been highly successful to date, but now China has the added incentive of a rapidly rising consumer market, one of the main reasons for TDK's recent decision to relocate to China.

Also the conclusion: "Yet, it is not clear under what market conditions (e.g., prices and supply) would make it
commercially viable for non-Chinese firms to engage in downstream sectors that would generate a rare earth supply chain independent of China. According to the General Accountability Office (GAO), rebuilding a U.S. rare earth supply chain could take up to 15 years and is dependent on
several factors, including securing capital investments in processing infrastructure, developing new technologies, and acquiring patents, which are currently held by international companies."

Lynas probably has most of Ph1 covered, subject to ROW economic conditions, but the rapid expansion into Ph2, Duncan, etc, is very dependent on the above.