Still a Buy?, page-175

Re subsidised China production, the biggest subsidisation stems from ignoring environmental damage. The likes of Tesla are becoming more concerned and principled about integrity in the supply chain ; human and environment. I understand rare earths are in fact not that rare, its just that companies cant compete on price because the Chinese tolerate severe environmental degradation. So aside from the worlds "get out of China" ethos I think the days of flagrant environmental abuse being tolerated are closing. So I think ethical Mn from a tier 1 country will have support. I think the push for climate change action will spill over into mining etc. Feral