What would give the mkt more confidence is some sort of LT cohesive plan to GROW the ROW mkt, other than Japan which has done its own thing for a decade or more.
Chinese REO exports DOWN 9% YTD of Sept numbers:
China rare earth exports shrink for 2 months
Data Analysis 11:19:57AM Source:SMM
SHANGHAI, Oct 14 (SMM) – China’s exports of rare earths fell in September for a second straight month, declining 17.9% from 4,352 mt in August to 3,571 mt, showed data from the General Administration of Customs on Monday October 14.
For the first nine months of 2019, rare earths exports amounted to 36,398 mt, down 9% from the same period a year earlier.
Where is all this additional production going to go exactly? And please don't say DoD which is two bits of nothing or dear old BEV which is 54% Chinese manufacture about to implode.
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