you are missing the necessity to diversify away from China for...

you are missing the necessity to diversify away from China for many reasons.

Taiwan is one of them.

The west need to defend Taiwan, not because it is a democracy. But because it produces 90% of the worlds silicon chips.

Hence a hot war, defense of Taiwan by the west is probable. => China tightening its exports to those countries not aligned with the West.

WR1, whether they are part of a full Quebec vertical hub, or whether in part only.
Perhaps the downstream is USA, but a western alliance.
They stand to be able to supply the raw material, with a low capex starter.
Thats like buying car, that just needs the tyres changed, and it will be on the track.

An Adina Quarry, a road, and some minor plant adaptions at Renard.
It positions us, much closer to turnkey, than any of the other would be developers.
Pain for the producers at the moment, but no real pain for us.
We sit quietly under the waves, like a shark ready to have its day.