Let me start on a positive note. You are correct on the following MP has a lot less HREE than Mt weld. This will mean they have to by ore from some whare. Yes MP is committed to HCL and like you said if they are planning to recycle it has many advantages MCP had this process 100% working except for particulate clogging filters This has been solved in fact they ate doing full C&L on every thing sent to China That is Oxides why they are sending Oxides. that is proof they have solved filter problem. MP will have full metal production up end of 2023. and Magnet production early 2024 Long before Lynas has Texas even off the ground. Take a look at pictures of the MP/GM new metals and magnet facility in the MP Q3 report.
"There will never be a surplus of magnet metals DyTb-NdPr and Sm; which means there will never really be a price competition between MP and Lynas. Magmetals will always be a seller's market." Again you show your lack of scientific understanding Things evolve and who knows what motors will look like in 10~ 20years. 10 years ago Tesla could not use PM motors because no one could make a motor over 100HP work. 10 years ago Generators had no PMs if they were bigger than 100 KW. Do you realy think you know what it will look like in 10 ~ 20 years.
LYC Price at posting:
$7.97 Sentiment: Sell Disclosure: Not Held
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