Plenty reasons for the selldown. Fresh covid cases and lockdowns...

Plenty reasons for the selldown. Fresh covid cases and lockdowns in China, some near the Yangtze delta auto manufacturing area, recession fears, interest rate hikes, supply chain disruptions/shortages causing auto manufacturing disruptions in Japan, China and elsewhere, energy crises in Europe and elsewhere due to Putins war. All of these would put a dent in demand. However, the future still looks very bright for Lynas because of all the reasons we investors already know. Short term pain yes, but even those who need to sell now for their own particular reasons/circumstances, should come out of it with a nice profit unless they bought at recent highs. For me it's a longer term hold for good rewards.