Spot on, they've just announced: "China will set the import duties for rare earth compounds, carbonates and concentrates to zero in 2022."
Already at a low 5% that's further incentive to export RE feedstock to China, where REO operating capacity is ~50% ATM, and similar overcapacity high end NdFeB.
They are highly motivated to maintain their near monopoly RE supply chain.
Spot on, they've just announced: "China will set the import...
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