Peak Noise, page-442

Replying to chaswgb

US China relations are only going to get a lot worse, Europe and the UK have clearly sided with the US as they all look at alternative supply chain solutions free from Chinese influence.

I think there is a lot of room for multiple companies to succeed that are China free from mine to metal.
Pensana and Peak once operational will not be able to keep up with demand in my opinion.
Most RE companies currently in operation sell all there ore to China, they only produce ore not metal.
I could be wrong but I think LYC are the only company in the world that can process mine to metal atm, but they still send some ore to China.

I think aside from immediate demand, there will be a lot of stockpiling occuring at least for the next 5 years to keep these EV gigafactories working, they do not want metal or magnet supply chain issues everytime China is checked on there plan to dominate and control the world.