"It is unclear whether the Texas plant will affect Lynas' pre-existing supply agreements with Japan, which has priority supply rights until 2038, according to the company's last annual report....."
It won't if Lynas Texas is supplying a US based Japanese mag maker, perhaps Daido, independent Hitachi patents, most of the magnet HRE will flow to the other three regardless, they must largely be drawing on reserves by now, strategic on steroids.
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