Ucore Rare Metals Inc. V.UCU

China now requires details of use in tighting export control

[Dragonsmyth7]

https://www.tomshardware.com/tech-industry/china-tightens-export-controls-on-rare-earth-metals-used-for-chipmaking-country-now-requires-exporters-to-detail-how-they-use-restricted-materials

[Pipinocuevas2]

Meaningless to ucore no money   Yrs away from SMC if they did might be another wasted decade 

[Dragonsmyth7]

Dear Pip,  A quick post before I head off to bed.  Again, get your nose out of the account book and look the real world.  No money until the science is done.  We have been over this.  Four million for testing, with ten million as a second half of the current award.  Plus fifty million can be added with a stroke of a pen.  We don't know if DOD is shopping for

[Pipinocuevas2]

Yeah, just a stroke of the pen for 50 million  smh klownshow 

[VeritasBob]

No, Ucore is also making noise about sepaerating heavies. Dragon "Nobody does HEAVY REEs and magnets but China. Not MP or Lynas.  Everybody is making noise about doing it but Ucore is the only one doing it."

[VeritasBob]

Rut roh re: Heavies: Per Lynas quarterly report ending Sep 30 "technology improvements were made by magnet makers to allow a decrease in the Dy-Tb requirements."  Doesn't say how big a decrease. p.3 of Lynas QUARTERLY REPORT FOR THE PERIOD ENDED 30 SEPTEMBER 2024 The market price of NdPr recovered slightly at the end of the quarter. Possible contributing factors include a