DRE 3.23% 1.5¢ dreadnought resources ltd

Something else is going on too in the rare earths market. Prices...

  1. 4,035 Posts.
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    Something else is going on too in the rare earths market. Prices are broadly down, as China is cranking up exports. The whole market is only about US $2.5B ATM, and China produces most of it. It looks like they are discouraging competition in this market, even though they can turn on and turn off supplies like a tap. Even if the deposit being proven up by DRE was ready for development, it would take about ten years to get to production.Strategically it should be a national priority whatever C. China does with the current and future prices.They are not a safe or reliable source which they have demonstrated.
    The Oz govt talks about it but does nothing. It would need the PS to get off its shiny bum for a start.They are not structured on a footing to combat assymetric warfare which is what is going on.
 
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