"total lack of anything out of Japan says it all"
Only thing that says it a total lack of understanding by the author, Japanese do NOT act in haste, certainly not without very clear justification. And direct action would be their least preferred option.
Look to JOGMEC's history, they've lost a massive amount of Govt funding with intn'l partners that have failed to deliver, to the point last I heard Lynas was the only investment that had in a meaningful way.
The Lynas relationship has been sorely tested, took enormous efforts to rebuild their trust over a number of years. The Japanese are very knowledgeable RE process and have been very involved in the complexities LAMP, they will not surrender that trust easily, particularly to a corporate raider.
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