xindongzuitaohua, my point is CoP is not the key metric in the economics of a RE deposit, sure you need to be low cost, but suite (product balanced to demand) and the ability to deliver the requirements of the market are.
Maybe PEK can be the lowest cost producer but they are a long, long way from proving anything ATM. If they can get a solid offtake/development partner to believe well then that's a different story.
Until then........... Best of luck.
Highly unlikely China will import anything other than Dy/Tb and maybe some Eu anytime soon. Baotou alone could pretty much meet the rest of demand on it's own for the next decade, and it produces con as a by-product of it's iron ore operation.
Lynas will battle to survive the next 12 months, RE demand is stuffed, but they've got the best chance of surviving by a very big margin IMO.
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