end of china dominance

one step close to end china dominance of rare earth...soon lynas will be a takeover target from those wanting rare earth supply IMHO

Lynas is getting close to First Production of Rare Earths
November 15, 2011 3:00 PM EST
Market interest in Lynas Corp. has been steadily rising after it announced it is close to its first production output of rare earth metals from its Mount Weld Rare Earth Project.Citing figures by Macquarie Group Limited, the FNArena reported the Mount Weld Rare Earth Project is pegged at $2.42 per share. Macquarie said it used a long-term rare earth basket price of $40.58 per kilogramme and factored in Lynas Corp.'s operating costs of $15 per kilogramme, including the Phase 2 expansion.
It would increase to $7.70 per share using the spot basket price of $125.34 per kilogramme and a USD/AUD exchange rate of 1.04, Macquarie added.