Baotou rose $27 to $38 (approx) on the shutdown last November, ever thought of that?
Yes i thought of that But you missed something very important. That shutdown in November was a PARTIAL shutdown. In which they shut down half the plant and keep the other half going. They basically shut the concentrator and keep the other half of the plant going. That is minor which is nothing in the grand scheme of things.
This is a COMPLETE shutdown for 6 months in which they shut down EVERYTHING. They are Not even allowed to mine. Very very big shut down and big revenue will be missed.
rare earth sentiment tone for friday, page-9
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