"It was also curious to hear authorities state they understand...

"It was also curious to hear authorities state they understand the highly strategic nature of the plant, acknowledging its closure would be a major international incident which would immediately hand China a global monopoly on rare earth supply," said Mr Kelly in the note."Our view of political risk has improved incrementally and we urge investors to see through the noise. We reiterate our view that risk-reward is firmly skewed to the upside and we expect its share price to revert to its pre-election levels once the review is complete by Christmas."