Well China is trying and starting succeed breaking Australia's monopoly on iron ore and nickel so it's good to see us doing the same for rare earths
Their usual tactic in the past was create a big demand , let other companies/countries build the mines and infrastructure, then crash the market and come in and buy cheap the distressed companies. But I think the world is waking up to this. I am just waiting for when they crash the RE market. Or do they now know that we know and will avoid it this time? The Australian companies will have to do long contracts for set prices to be sustainable.
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2 | 13060 | 0.115 |
2 | 57000 | 0.110 |
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