In 2020, Baotou plans to implement 257 industrial key projects = 27,000 tons of NdFeB magnetic material
http://newmat.chinaiol.com/xtcl/t/0226/13207693.html
27kt x 28% NdPr = 7.56kt
CNRE production quota 49kt REO x ~20% NdPr = 9.8kt
CNRE has production sharing agreement Xiamen Tungsten, and no doubt others.
Reasonable to assume there will be very little available for export (Japan) from next year.
Little wonder the Dragon advanced GBD for 35/50% Ce substitution into 20% low end NdFeB (30kt) 2018.
In 2020, Baotou plans to implement 257 industrial key projects =...
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