LYC 1.30% $7.61 lynas rare earths limited

the war is on for strategic materials, page-2

  1. 1,648 Posts.
    “France does not produce domestically any of the technology materials needed
    to maintain its technological society. Cognizant of the fact that they (the
    French) are completely reliant on the Chinese”

    “They do not want to be dependent on China (for raw materials or finished
    goods”

    ---
    they(France)need to do:
    announce to found a strategic partnership with Lynas;

    injection of funds or participating shares;

    reaffirm once signed contract:
    Rhodia Customer Agreement-Supply Contract:
    * >US$200 millions;
    * Long term 10 year contract, Phase 1;
    * Cerium, Europium, Terbium & Lanthanum.

    support LAMP's full capacity production;

    using Lynas's products to gradually replace the products from two of Rhodia's joint venture plants in China.

    ...
    So, they can not rely on China at least in the up & middle streams of rare earths, but Could they do that?

 
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