Interesting, but I’m much less concerned about Shanghai quoted RE prices now that China is greatly reducing its exports, while also this week threatening retaliatory tariffs on RE to the US.
Tomorrow I’m hoping to see evidence of significantly higher sales prices achieved by Lynas, as I’m sure has been the aim this year. And I cannot believe the western world, and especially Japan and EU customers, would be at all complacent about relying on China for RE supplies at present.
So I’m reasonably confident that the recent concerted attempts by big players to take advantage of the appalling behaviour of a couple of minor politicians in Malaysia to damage foreign investor confidence in their country will NOT succeed - unless I’m very mistaken about the PM’s acumen....
Export prices aren't rising, much........., page-26
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