The point I keep forgetting to make: Without increasing resources above what China has at home and above what Lynas is promising to produce in the next three years (talking about the real potential to uplift to 14,000 tpa NdPr very quickly by virtue yet another set of improvements, as recently mentioned by Amanda), the REEshortageswillcauseproblemsfortheGreenRevolution as a whole IMHO. You can diminish absolute demand by choking growth.
I want a vigorous resource hunt, engaged prospectors and miners, multiple refineries and significant secure ex-China magnetmakers feeding a frenzy of forward-thinking CEOs who don’t have to be worried about obtaining affordable REEs and REE magnet material that their value-adding business is built on. No CEO wants a sole source supply chain. The demand is coming from China and will grow to absorb all REEs from everywhere unless ex-China CEOs feel safe from Chinese extortion tactics, patent lawyers and CCP market interference up to and including refusal to supply on a whim.
LYC Price at posting:
$7.44 Sentiment: Buy Disclosure: Held
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