Good luck to the rest of the world to catch up , only a handful of western companies will succeed and we are certainly sitting in the box seat to succeed with our strategy as set out by our management.
China plans big expansion of rare earth business
Country has seen a 76% year-on-year increase in new firms involved in the sector in Q4 2020
ATF) For more than 60 years, the Obo mine in Inner Mongolia has been mined for iron ore, while the rare earths found at the mine were sold at "cabbage prices," as they were previously considered by catch. But times have changed and rare earths are now widely used in new energy, new materials, aerospace and other fields – people have woken up to their value.