Current NdPr price is around $52.24/kg.
Where are you sourcing your numbers? I have current NdPr price at US$41Kg exc VAT. You do realise UBS numbers are in US$ exc VAT.
NdPr price of US$60Kg would require a 49% increase from current level. 2022 entirely plausible.
The REO price spike last year was not driven by normal market supply/demand metrics, largely due to speculators inflating prices, clearly unsustainable. China dropped the ball again, doubt it will be repeated bedsides it’s not healthy for RE sector development.
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Current NdPr price is around $52.24/kg. Where are you sourcing...
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