Ann: Appendix 3B, page-35

See if you can find someone to explain this to you in simple terms:

The Chinese Govt initiated domestic efforts to delete HRE, they knew they had to keep pace with the Japs:



Dy FREE mags are steadily working up the scale of high performance NdFeB, driven by efficiency gains, NOT supply issues:



Just one of many Chinese mag makers where HRE elimination remains a "key priority", they simply know they have to in order to remain competitive:



You've bought yourself a Kodak moment here.