The four corners report is an eye opener. Not something we dont know now though. The last 30 years the west couldn't get to China to set up manufacturing quick enough. sharing the technologies on agreements for manufacturing rights. They have learnt everything they need to from us. With industrial espoinage as well they stole what we didnt hand them on a plate.In Australia we train them in our universities because the government has sold the country out and lost manufacturing ,so education instead brings in the dollars. We can't burn fossil fuels ourselves ,whilst China increases fossil fuel electrification, where the coal comes from us. Gas tòo. What a mess. The west has fed the dragon for 30 years and the chickens are coming home to roost. How does Lynas fit into this. We're a $6B industry up against an industrial giant and while the EU talks tough about overcapacity , the European manufacturers may start to cosy to Chinese manufacturers as Toyota has to cosied to BYD to stay in the game. Will we lose market loyalty to Chinese RE industries as they get momentum. Worrying times.
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