Waiting, page-17

3600tpa NdPr @US680M is most definitely NOT viable vs 4000tpa NdPr @US$300M as per the recent development I pointed you at: "2.05 billion yuan to build a new 22,250 tons/year rare earth oxide smelting separation project".

Do you think CNRE's 9600tpa plant in construction will have significantly different economics? Likely a first module based on the 3000ktpa plant they built based on LAMP enviro controls.

Name specifically the "US, Korea, Japan and Europe" magnetic metal & NdFeB manufacturers of ANY significant scale other than the current handful of Japanese. Do you seriously believe that IP can be developed in a few years??? Or that the tiny number existing manufacturers are going to give it away??? Only reason Japanese survive clinging to 15% of mkt is their extraordinary level of R&D investment high end NdFeB, they are NOT about to share.

And so now you are clearly investing on the assumption of Lynas demise, and I find that extraordinarily emotive in that you are punting/hoping 6bq/l residue will be sufficient to vindicate a nonsensical political agenda. Do some DD 6bq/l y international standards.

GL with that.

BTW, Entrepreneur Development Minister Redzuan Yusof was today touting Lynas re their new hybrid vehicle project:

"He said the ministry has attracted a lot of interest, with investors voicing their intent to come here because of existing infrastructure, talent and raw materials. He cited the rare earths processed for battery manufacturing at the Lynas Advanced Materials Plant in Kuantan, Pahang."

Doesn't sound like he's going to shut it down any time soon, particularly when he works out NdPr draws Japanese NdFeB manufactures like bees to honey.

https://www.freemalaysiatoday.com/c...erent-from-proton-no-bail-outs-says-minister/