Though authorities have not revealed total economic losses caused by the deluge of rain since June, several companies whose production plants have been submerged have ceased operations.Sichuan-based Shenghe Resources, one of China's few rare earth production companies, on Wednesday said floods have damaged fixed assets, including equipment and inventory at two plants. QUOTE.The supply of rare earths as tenuous as cobalt at any time IMO.
https://asia.nikkei.com/Business/Companies/China-s-flooding-slams-rare-earth-fertilizer-and-other-industries
China’s floods slams rare earths industries.
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