One notable excerpt: "China’s Ministry of Natural Resources and its industry ministry didn’t respond to requests to explain their reason for raising mining quotas for rare earths in 2023 and 2024, which analysts says helped drive down prices."
I've seen no indication yet that anyone with intelligence is parroting ausheds and EddieB's claim that China's 2023 and/or 2024 mining quotas hould be interepreted as saying the CCP is now interested in market balance. Just plain silliness. Less naive people are more likely expecting a third quota to be released before the end of the year, just as the CCP did last year in December.
LYC Price at posting:
$6.82 Sentiment: Buy Disclosure: Held
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