Lynas - Never fails to disappoint, page-288

It's called business Qoka. We are not running a fish and chip shop.

The clean air will return - possibly in the next 3 months with shipping sorted - this is annoying as Amanda expressed - but it is temporary. Look at the positives - easy to be all negative when sp down and focus on short term negative - shipping constraints.

China is doing what China does - we are providing to and expanding to provide to ROW. With Japan and U.S. currently top tier customer base and growing - OUR GROWTH STRATEGY IS TO SUPPLY ROW.
When Kal arrives late 2022 expect new customers locked in - right now we can not supply any more customers and those future customers are not openly going to sign an mou with Lynas for future supply for fear of China supply cutting them off. Current customers are taking all product - even Chinese.

All are effected - look at Shenghe now GGG will not proceed in Greenland - and MP next year will process in U.S.

This is huge business - huge amounts at stake however Lynas are in a perfect position and that is only going to get better by end 2022 - Huge amount of product to be added - our costs will be down and U.S. plant will be well advanced.