Janti you totally misunderstand the symbiotic relationship between Lynas & ROW RE demand, most particularly Lynas.
After a six year hiatus where the Dragon corralled Jap NdFeb to 15% of the high end space it is now showing strong growth & investment in expanding capacity, just as Lynas have operationally developed surety of supply from 2016.
Delusional to think the Dragon would sponsor that in any way, shape or form, go read China 2025.
If you want near term specifics go read current 5YP objectives RE, particularly recently restated 2020 objective to cap ROW RE exports to 30% of 2020 production quota 140ktpa = 42ktpa, effectively 25% reduction on 2018 volumes.
Current Chinese expansion NdFeB & PMM manufacture likely capable of replacing Japan entirely by volume, if not quite in quality.
Dragon most definitely not a charitable institution as you glibly suggest.
Janti you totally misunderstand the symbiotic relationship...
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Last
$6.94 |
Change
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Mkt cap ! $6.552B | |||
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| 5 | 524 | $6.94 |
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