Hot weather catalyst - struth what next? Recent falls of 10% in...

Hot weather catalyst - struth what next? Recent falls of 10% in PrNd oxides clearly disappointing after a pick up of 17% from recent downward spiral.

Chinese manufacturing is in need of CCP stimulus states many a headlines (exports are down considerably so some sectors could benefit but if exports down one would suggest that is market demand fallen substantially). Rooters states one positive industry is auto which has doubled profits in recent times off a very low previous covid base - a promising indicator for NdPr as with the new CCP announced continued tax concessions on EV purchases as with the lowering of interest rates by .10% which is to enhance better buying power - more business activity - new business loans etc.In his address last week at Li stated on track of targeted 5% GDP number in pending quarter which will be released mid July and more govt targeted measures to be rolled out - yet no mention of large cash stimulus. The post covid opening up not gaining a great deal of traction - same could be said for the CCP long term plan to become a more domestic consumer based economy and lessen their massive stimulus financing for over a decade - property - infrastructure etc. Anyway clearly we need a strong China economy to in turn see strong REO pricing - increased purchasing power results in more EV sales - increased infrastructure projects sees more wind turbine power as seen with previous mass scale wind farms throughout the country - one day we'll be detached from Chinese REO pricing - the sooner the better.

For Lynas the usual push down in sp as we lead up to next quartely reporting which will be pretty dam good despite lower pricing - we've seen no water issues - major disruptions at LAMP - the LAMP extension - clearing the way for extra stock piled products to hit markets (although management are not desperate and can hold back some inventory until better pricing arrives) - logistics lower costs shipping and the like and Kal is stage by stage being commissioned plus more.

Have a great weekend all.