IXR 5.26% 1.0¢ ionic rare earths limited

General Chat / Discussion, page-5708

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    The problem is that it is the Chinese setting the price of RE's; Corporate China is controlled by the CCP and is really just one big Company; therefore they can set whatever price they like on what comes out of the mines, all they have to do is transfer the Profit margins further up the product lines. Net result, China still makes its money while ROW miners can't compete. BYD are making huge 400% profits at the moment !
 
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