Of course they are tightening. Chinas NdPr output is down...

Of course they are tightening. Chinas NdPr output is down another 2 % October to November. Now about 30%. Lack of coal for electric generation has caused XI has to make decision let people freeze and keep plants open or opisit.

Lynas has been at 75 % output for over a year.

Au is making signs of increasing coal shipment to china. Lynas may be solving some problems. What happens to prices if there is a a WW jump by 30 % in production over the next 6 months?

Be careful reading NdPr price thread, there are many poster that love to post every increase in price. they never post a decline. this causes the casual readers to have a very biased view of what happens.

These prices are supply driven. the price of magnets has not changed. The price of REE metals is going down. and now even NdPr oxides is not going up any more
PrO 3 dec 870 / KG 24 dec 880
NdO 3 dec 855 KG 24dec 910
Most of Lynas output is NdPr O and the mark up on Pure Nd and Pr is so small it is not realy worth the cost of separating.
NdPrO 3 December 857.5 24 December 842.5
Metals would go up first. Since the are closer to demand
Note the spread from Oxides to metal is being squeezed. If price was demand driven Meals would go up first.. on dec 24 spread on ND was 14.8% PR 33% NdPr 15% on 12 November ND 21.6% PR 36.9% NdPr 25.6
I welcome you to start your own thread. It could be a great thread but please give facts and not just your own ideas without verifying them. just to help you start here is the last two months of data, I have years of data only the last year is relevant. I also track magnets which have not changed in months. If demand driven Magnets would change first then metals then oxides. For about 10 months it has been the reverse of that. You decide what is happening.
I do know these changes are small most less than 2% a month. What leads me to my conclusions is the deltas between oxides, metals, and magnets the fact that after many months of skyrocketing prices what has happened from mid-November to now. Not size of change but the dramatic change in velocity and acceleration.