Global supply chains are very interconnected for the vast majority of consumer products made today. This means any threats to this chain send investors into a panic. on this occasion the loss of China ‘processing technology’ for rare earths and magnets is a non-issue. The technology is already out and the leader in magnet technology is in fact Japan, not China. For example, smartphones cannot be assembled in China without imported Japanese and increasingly, Korean rare earth containing components.Western rare earths experts all agree the Nikkei Asia story is sensational and misleading. There is nothing to worry about says some; however, if China was to go a big step further and ban all rare earths and rare earth magnet exports then everyone agrees, we would have a real problem. This is why the West is moving to build up their own independent supply chains, not only in the rare earths sector, but also across numerous other critical materials and components in the supply chain. QUOTE ARR is in the market at precisely the right time IMO
