Ok I'll do some homework and present some numbers in the near future
But consider this:
In the energy sector clean energy is replacing steaming coal; this has been occurring for at least the last decade
But production of steaming coal did not disappear overnight; latest supply predictions for steaming coal indicate production will not peak until the end of this decade
So in a world with EV and IT hardware is rapidly increasing; China tightening production and export limits of REEs; any alternative product will not stop REE supply in it's tracks
Momentum in the REE supply market will take time to arrest; just as supply in the alternative product market will take time to implement
Hence my guess that the REE market will continue to strengthen for at least another 3 to 5 years before we see a change of the guard
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