“So what do you think china is doing with the all the HREO supplied in any shape or form. You think they're buying it off MP at $22.5usd/kg to do nothing with it? I mean economics 101 - they're buying it and commercialising it. “
MP don’t currently supply a HRE product. They are selling an LREE MREC into China and they certainly ain’t buying it for $US22.5/Kg, try $11.36/Kg. Might want to brush up on your MP materials knowledge.
While you’re at it, brush up on your LYC knowledge also. Lynas produces circa 60tpa Tb and 400tpa Dy in its SEG product. As I suggested on the LYC forum, flick them an email of you’re interested in being informed rather than speculating.
As mentioned previously, Adamas have a poor track record at forecasting future demand. I suspect the junior RE companies engage Adamas as a consultant to compile these reports. The reasons why should be clear.
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