Would not the Chinese prefer to acquire their own internal production rather than offshore production? I am betting they would. It will not be the chinese mines reducing production - except perhaps some of the lower quality ores. The RE production will continue at the same rate as I understand they have to produce it to produce their iron ore.
Would not the Chinese prefer to acquire their own internal...
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$6.37 |
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-0.190(2.90%) |
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| LYC (ASX) Chart |