Good points. End users! Having a look at the diagram. Green (Japan) Red (China) as the big gorilla. Suppose it's understandable how China can and wants to suppress NdPr prices, which I think affect LYCs SP, but I don't think the LYC/JARE pricing follows the Chinese spot price closely. Maybe the investors/market need to know more about this arrangement so our SP does not need to follow China's (manipulated?) NdPr pricing. Bottom line we need more ROW PM manufacturers as ROW EV manufacturers are not just China based, but spread across 3 continents. Lithium prices reflect this ATM.
Seeking Alpha, page-15
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$7.90 |
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