"HRE is on the radar of governments and industry these days"
Absolutely & totally disagree, 2011 - 2o14 the Govt's of US, Jap, EU and China all successfully funded HRE reduction/deletion programs, which are ongoing in both Jap & China > Baotou Xidirui Technology Co., Ltd.
"NdFeB heavy rare earth grain boundary diffusion technology research and equipment industrialization development project"
Lynas survived after it delivered 850t on spec NdPrO June Q 2015, half to China mag makers & half to Japan, and I started buying volume.
NTU is a very long way from proving it can viably deliver a low grade HRE concentrate to a Chinese separation plant, its own paid research clearly states it is totally dependent 40/45% taxpayer subsidy which is finite.
Totally dependent DyO values at least doubling next couple of years, no hard data suggests that's remotely possible ATM.
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