LYC 0.48% $6.26 lynas rare earths limited

Lynas DOD Tender, page-19

  1. 19,584 Posts.
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    The KEY point in that repetitive waffle is:

    "the imposition of tariffs or quotas, other import restrictions against China and other non-market foreign adversaries whose economic practices threaten to undermine the health, growth, and resiliency of the United States"

    NOTHING of consequence by way of a critical materials supply chain will be established in the US without Govt protection from calculated, predatory Chinese pricing.

    And they'd better get their act together before the Dragon follows their battery template and establishes highly automated NdFeB manufacture based on China domestic cost base in countries like Mexico & Poland close to major ROW mkts.
 
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