Increased minerals/materials prices improves sentiment in any...

Increased minerals/materials prices improves sentiment in any related industry - generally flows through to higher margins therefore profits in reporting.
Amanda held back inventory foe several reasons - the main being higher pricing in second half. This would have been based on traditional pricing trends - with lead up and when Chinese National day - a rare week holiday in China many production plants of all types are ordered to shut down for enhancement of blue skies and air to celebrate their biggest annual event (same happened for olympics eg).
Also this time of year is when plants/refineries have their major shut down and maintenance - therefore end users inventory is secured as we see now and built up - then used - and inventory built up again when refiners are back at near or full capacity.

This year coincides with new Gov stimulus measures - that will further add weight to improved pricing one would anticipate.

Pricing is opaque to say the least. Remember China offers a 15% discount on exported REO'S. - why? Probably to challenge potential west suppliers?
Lynas have their pricing mix with their customers - ARU have signed initial offtake binders at Chinese price guidance - Iluka are at the forefront (perhaps Lynas could join them or are) in stating they want "pricing approaches independent of traditional indices" - very nice to hear finally. Not to XI I would imagine. Anyway expect a solid run to EOY which will result in higher revenue - profits for Lynas - well played AL.