LYC 0.16% $6.29 lynas rare earths limited

News: LYC China cutting rare earth output, unnerving global manufacturers, page-35

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    "Now China could be turning back to its old playbook, with plans to slash production to 45,000 tonnes in the second half of 2018, according to Adamas. Some of that might offset previous excesses, but Adamas argues it won’t leave much for foreign buyers.


    Meanwhile, the cuts will send prices higher: gravy for Australia’s Lynas, one of the world’s few significant alternative producers, but tough on consuming manufacturers."


    https://www.breakingviews.com/considered-view/china-aims-rare-earth-bazooka-at-trade-rivals/



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