LYC 0.08% $6.29 lynas rare earths limited

1. malaysia chinese has little to do with China Chinese.2....

  1. 1,155 Posts.
    1. malaysia chinese has little to do with China Chinese.

    2. himpunan hijau is very malay.

    3. fuzzy sally is not chinese for another example.

    4. http://news.xinhuanet.com/english/business/2012-06/20/c_131665123.htm

    above link is china's policy on rare earth.

    china felt pressured by WTO regarding quota restriction. it needed time to fix its ree industry against further exploitation and environmental degradation and to conserve its rare earth resources.

    towards the end of the article it states it welcomes outside producers "to shoulder the burden" of supplying world demand.

    some comment that they dont believe china is not so altruistic and are jealously guarding their monopoly. actually you are right, but in order to guard their monopoly, they must make sure they can first sustain it and they are taking steps to do just that and if it means new ROW players entering then fine - China does not welcome WTO's accusation of it restricting REE supply as a weapon.

    Go Lynas.



 
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