“And before one wonders the companies like LYC or MP already producing are already supplying the Dy and Tb in their by-products. So although in the future they may try to separate these oxides themselves we're talking additional supply required.”
MP currently only supply an MREC to China. What happens to that MREC in China is unknown. From what Ive gathered from multiple sources over the years, MP has too little HRE in their mix to make downstream separation viable, although my understanding is that they intend to produce a SEG product once their separation plant is operating.
I believe LYC are stockpiling their SEG product.
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