RE:RE:RE:Why, I wonder, MagnetsCashed out a few 100k ~$A4, but reinvested a chunk of that into what I think may end up a cheap re-entry to LYC.
Still sitting on most of my stock but with the very real Q just how is ROW going to survive China's dominance in NdPr > NdFeB?
Japanese demand has been hit badly, Lynas still at 75% capacity, while China is expanding its high end NdFeB capacity enormously, while stupid Trump has blown the DOD tenders for $800M of grift.
Got an important briefing coming up on the real RE industry, may decide to sell down a lot further if I hear what I think I'm going to hear, ROW Govt's are too stupid to compete with China on RE.
There is one caveat to that:
"From 2007 to 2014, Tai successfully litigated Washington’s disputes against Beijing at the WTO, the global trade organization based in Geneva, Switzerland."
Which included the 2012 - 2014 dispute over RE, Biden will have a tough Cabinet level adviser with a solid grasp of Chinese RE strategy.
https://www.cnbc.com/2020/12/10/biden-to-name-katherine-tai-us-trade-representative.html