Since early 2022, the price of the key rare earths for making powerful magnets, Nd Pr Dy Tb oxides, has dived from US$145 a kilogram to US$47.
The Chinese government has engineered the price fall, at current prices' no rare-earths operation can be profitable anywhere.
Mirror Image, basically all the same for all REE players, wouldn't of matter how good your resources are, even producers of RE still had difficulties in navigating at these low prices, unfortunately the Chinese have shafted everyone in the West when it comes to Critical Minerals, and especially with processing and refining.
Since early 2022, the price of the key rare earths for making...
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