That is not the message I got from that interview. In fact, he...

That is not the message I got from that interview.
In fact, he stated that supply chain partners would be prepared to pay a premium for IXR product. He also alluded to point that REE pricing was manipulated (he carefully avoided saying manipulation though) very circumspect.
He specifically said parties (OEM's?) had been told by mgt to source materials from sources other than China. Thats the security of supply issue.
It appears that British Govt is squarely behind Belfast commercial facility.
He also stated IXR trying to negotiate a mixed pricing model. First time I have heard that. Maybe a floor price, with mkt pricing reflected (ie a basket pricing??). He said OEMs need/want transparent pricing model.