Asian Metals: Chinese dysprosium oxide market demand not...

Asian Metals: Chinese dysprosium oxide market demand not revive[06-01]

http://www.asianmetal.com/RareEarthsPrice/RareEarths.html

This is despite ANOTHER 520t DyO sucked out of the mkt just last week:

" 27 morning, the latest round of rare earth State Reserve tender has ended, the total tender of more than 3,000 tons. It is reported that to participate in the tender of the units are Minmetals, Baotou Steel, aluminum, Gan mine, Rising, Xiamen tungsten, in color. One of the mainstream rare earth products: neodymium oxide tender price of about 285,000 yuan / ton, the number of 250 tons; europium oxide tender price of about 57 million / ton, the number of 200 tons; dysprosium oxide price of about 1.243 million yuan / ton, the number of 520 tons; Lutetium oxide tender price of about 5.21 million yuan / ton, the number of about 35 tons; yttrium oxide tender price of about 26,000 yuan / ton, the number of about 330 tons, erbium oxide bidding price of about 19 million / ton, the number of about 300 tons. Praseodymium neodymium tender price of about 291,000 yuan / ton, terbium oxide tender price of about 3.42 million yuan / ton, were not traded."

http://www.ndfeb1688.com/news/show-23940.html

1243 yuan = $156kg net VAT, China must have over two years supply on mothballs now, while production reported < 40% capacity.

What's a 52% TREO concentrate worth 9% Dy?