EU announced overbite that they are going after China automakers for unfair competition because they are ‘flooding the world’ with cheap autos. This was rather sudden and wondering impact on Lynas. Japan, Euro, and US automakers all up. Signals further derisking from China. Ozzy miners down in general but not so much Lynas who would seem to be more important at this point to western world automotive and economic success for their economies. Maybe one reason the Euro ministers paid a visit to us a few months ago as well. They didn’t just think this up yesterday.
EU announced overbite that they are going after China automakers...
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