China Dominance, page-6

A little quiz Pennie, or anyone else, where did these two very different recent statements come from?

"Even if DoD limited all of its peacetime NdFeB procurement, direct and embedded, to a single domestic producer, that arrangement would not be sufficient to hedge the risk to essential civilian industry (see Figure 26), nor would it be sufficient to support even a “moderately” sized NdFeB production facility."

"At the same time, with the development of industrial technology, new energy vehicles, wind power, energy-saving air conditioners, smart robots and other industries have significantly increased the amount and demand of rare earths. The positioning of rare earths in industrial production is changing from opportunity demand to rigid demand. Such a change has brought great benefits to the development of the industry, and stable demand has formed a strong support for the price of rare earth products."