LYC 1.65% $6.15 lynas rare earths limited

Chinese Impersonat’in Texans, page-6

  1. 4,865 Posts.
    lightbulb Created with Sketch. 243
    Yep.The US will have to achieve self sufficiency in rare earths like they have achieved with oil over the past decade.

    "The Middle East has its oil, China has rare earth," People's Republic of China leader Deng Xiaoping famously said in 1992. "China's rare earth deposits account for 80% of identified global reserves, you can compare the status of these reserves to that of oil in the Middle East ... we must be sure to handle the rare earth issue properly and make the fullest use of our country's advantage in rare earth resources."

    An extract from this: https://www.metaltechnews.com/story/2022/07/06/news/the-china-rare-earths-dragon-awakens/995.html
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.