I'd suggest the major stumbling block for L2 is the 5.5kt Ce, much of which would have been underpinned by the Japanese polishing market as part of the keystone 8.5kt Sojitz agreement.
La demand is strong as witnessed by the Chinese export numbers & Nd/Pr should not be an issue.
It's probably a case of both finding alternate markets or recovering demand for the Ce and higher prices to the point of carrying some inventory.
q&a snippets from agm question time, page-29
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