LYC 1.30% $7.61 lynas rare earths limited

china connection, page-13

  1. 1,155 Posts.
    jsoho. "...when perhaps there could be strong reasons for heavy Chinese backing of the Stop Lynas lobby...."

    I can definitely say its not. nothing to do with China.
    in fact, the China Chinese wanted to invest in LYNAS but was turned down the by the Aussies.

    and read this article especially page 31.
    Situation and Policies of China’s Rare Earth Industry

    http://www.miit.gov.cn/n11293472/n11293832/n12771663/n14676956.files/n14675980.pdf

    China is conserving its REE resources and supports the entry of other players. It is not jealously guarding its monopoly.

    Unless you believe that is just another smokescreen....then pls do believe what you wish to believe in.
 
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