Some points on this.- The usual posts on MP relate to operations...

Some points on this.

- The usual posts on MP relate to operations and how they just can't produce oxides or the state of the equipment etc. It's interesting that no one usually mentions the deposit, what's in the ground which Lynas thinks is excellent.

- Posters tend to ignore what Amanda Lacaze herself was quoted as saying. 'Critical mass'. In another post I interpreted critical mass to mean something substantive, able to challenge Chinese dominance. The addition of MP will certainly give scale.

- Outside China users will not pay any more for rare earths nor will they be willing to give up their Chinese suppliers until and unless they see viable, reliable, sustainable, outside China supply. Scale, size, might.
- Amanda has long welcomed other outside China supply. She has always said it was good for the industry to have more players, it build confidence for the market. She has also said there is room for a few winners.

- I recall reading and having it confirmed by Lynas management many years ago, perhaps even a decade ago that the reason people outside China turned to other solutions rather than rare earths, is simply because of the lack of reliable supply. It was all about China and its whims, volatile pricing, witholding supply etc. Which is why those who could, used alternativse to rare earth magnets and so on.

- The potential for global rare earth demand and use should not be underestimated in this day and age, if only there can be a gurantee of the reliable, sustainable supply at stable, reasonable prices.

- People really need to look beyond their noses and see the big picture if this industry really gets going outside China. It won't be too long before China will really only be able to supply it's own needs, what happens then? We really need to stop looking at all outside companies as pure rivals to be left in the cold. There is room enough for a few, in fact, it's necessary imo to encourage competition. So that when Lynas does decide to merge or acquire, we shouldn't hear too much talk of monopolies and duopolies. It's simply not a case of us and them outside China. And we should let the market decide who wins and who doesn't, shouldn't we?