Good question, the usual highly emotive diatribe.
As per ChappyPappy I've put over a decade into several significant RE investments, been able to get close to Mgt & other experienced RE players, and close sources are telling me pretty much the same as he's posted here, I'm simply reinforcing his observations.
Building independence from China RE is NOT going to come from the host of dreamboats flocking to the investment mkt but the building out of the middle supply chain, primarily NdFeB manufacture, in US & EU initially. Combined they import 21ktpa loose NdFeB from China, the current, only NdPr producer at scale will have the capacity to cost effectively produce the additional 7ktpa NdPr required 2023/25 IF only ROW had the capacity to produce the mags.
The relatively small capital inflows to dreamboats is misdirected without significant investment from Govt's into MSC, plus support to neutralise Chinese trade manipulation.
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