"If the Chinese want to cruel Japanese manufacturing users,
they would want to see them with high imput costs which includes REEs."
Exactly, and the reason why many Japanese, and US, companies have relocated to China over the past 5 years, hollowing out the ROW supply chain.
Lynas's relationship with Rhodia (who turn our Ce into autocat wash coat & Eu/Tb into phosphors and on sell to OEM's), and hopefully with Siemens (Nd/Pr/Dy to magnets), will be critical over the next 12 months.
However I do suspect that when China stabilises supply to demand (Baotou trading platform August?) domestic RE prices will rise at a greater percentage than FOB. The Chinese supply chain has a considerable price advantage with RE input costs and ROW needs closer balance to be competitive.
With that in mind OMG's suggestion of a lower CoP is encouraging, particularly as Gareth Hatch suggested to me that Moly's goal of sub $10kg is doable.
lynas pr survey 2... now trackable, page-114
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