RE:Electric cars sales are finally climbing in ChinaAt yato. The increased production of electric cars will definitely have an impact on HREE that is produced in China. Therefore, more of the HREE that produced in China will be realocated to internal consumption rather than exports. Moreover, if the the supplies becomes thin accross the globe it will certainly drive prices of HREE much higher.
The odds of new HREE mine being developed are increased considerably outside China. Therefore, it will be a matter time before Matamec announces the development of a new mine to fill the supply gap if it all pans out as it should.
All in my opinion.