Both numbers seem low. It has been a couple of Qs since AL talked about this but she use to say Lynas had a lower COP than China. Her logic made sense to me. US 7 / KG just feels way to low to me. Also for last H Lynas COP was AUD 19.94 or US 16 on Dec 30/2020 If the article missed by this much on Lynas's COP which is well documented I question all of it. JMO but I still feel Lynas has a lower COP than China.
Ultimately China's COP is meaning less to me. All that counts is Market prices and Lynas's COP who cares what China makes i have no plan to invest in them. I still feel China needs Lynas. Without a successful non China source for REE there would be major design outs of REE. Hurting China Long term far more than the business Lynas takes from them.
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