NEW ARTICLE....China says,
"China Says All Rare Earths Will Be State- Owned"
That is the title of the article below...as the market and pundits yawn and fail to grasp what has just transpired...again, STATE OWNED. WOW.
As our failure of a CEO again, asleep at the helm, fails to put out any kind of news highlighting the importance of that title and what it means to North American supply risk....any anode contract, at any time can and will be cancelled by China at the stroke of a pen. An macro political even that China takes offence to, can be quickly and harshly address through squeezing anode supply to the west.
EVERYTHING HAS CHANGED as the market yawns and keeps its head in the sand. An on the ball CEO would immediately come out with a news release commenting on that Chinese move...be arranging interviews to publicly speak on that issue, as the single biggest threat to the Western and EU EV transition...you would think. What a talking point?
NGC market messaging continues to be the worst I have ever seen...only producing graphite deposit in NA and we remain silent and fail to deliver on anything.
Geo Political, awesome...getting better by the day. NGC management, horrible...getting paid more $$$$$ by the day to accomplish and message nothing.
Enough is enough with these losers that continue to fail.
https://www.lowyat.net/2024/325775/china-says-all-rare-earths-will-be-state-owned/