Lynas has a pipeline with the Japanese as well and so that supply chain can deliver batteries outside of the Chinese semi-monopoly. Probably the only secure alternative in the world. MP still has to ship concentrate to China until they can get their own refinery back up and running.
In the meantime GM/MP still has to develop their entire supply chain, which will take years.
If the Chinese are flooding their economy with RMB that is not a good sign. The real estate market is a slow moving train wreck and now the industrial economy is once again a mess. Red hot expansion only goes on so long until the hangover sets in. And I think it's going to be a Cup Final hangover.
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