Ucore separates heavies.... We can expect $$$$ China separates 99.9% of global heavy rare earths, according to consultancy Benchmark Mineral Intelligence (BMI). Most of the Western processing capacity being installed is for "light" rare earths, including neodymium and praseodymium (NdPr).
"Most likely, the impact of this ban will be in greater difficulty in getting heavy rare earth separation capacity online outside of China," said Daan De Jonge at BMI.
"You can have all the NdPr separated in Europe or the U.S. as you want, but if you're still relying on dysprosium from China, you're still very exposed to geopolitical shocks."