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clock Created with Sketch. 22/10/22
07:02
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Originally posted by Chemist1959:
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That would not be good!!which extend to Lynas production increases from Lynas NEXT and Lynas 2025 .alone and Lynas is all but Japan's in name. The current ex-CHina supply chain is at best sole source (if you can get any, that is), fragmented and entirely unable to support an ex-CHinese supply chain through to magnets and motors. China is eating ROW's breakfast lunch and dinner on batteries and motor-generator-turbines. Both use plenty of refined REEs and at least 80% of that refining is Chinese. If we let Lynas's ROW resource competitors go to hell because they can't handle a recession for the moment, the Chinese will grab them without question for the future, which is not to say that they aren't trying to grab them already.
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That's no good for Lynas. Too many competitors and too much supply. Even Amanda has warned about it.
(20min delay)