Been researching the false economics in the HRE mantra, as promoted by the glitterati, here and elsewhere for several years, constantly being told I didn't have a clue, coloured crayons almost an endangered species.
Well the good news folks is you don't have to vent on me any longer, you can direct your disbelief & angst straight to Assoc of China RE Industry:
"Third, the heavy rare earths can be replaced. Have to admit, since 2010 since China controls the supply of "combined" to stimulate the downstream part of the reduction cycle development and application of alternative technologies, resulting in such technologies and products, highlighting the technical and economic, and even become an alternative heavy rare reduction downstream industries difficult to reverse the development of the guide. We study found that "Forced effect" not only in the heavy rare earth major importing countries Japan [1] , and price fluctuations, the policy is expected instability has forced the domestic downstream companies to reduce the use of heavy rare earth, permanent magnet materials of some manufacturers continue to reduce heavy rare earth added NdFeB, , 2015 in Some companies have heavy rare earth usage to zero. Investigation of these companies reflects even heavy rare earth prices fall, it will not return to the original technical route, but will no longer insist on the use of heavy rare earths. This aspect helps to alleviate the ecological pressure on the heavy rare earth mining; on the other hand, must also weakens the resource advantages of China's heavy rare earth."
http://www.ac-rei.org.cn/portal.php?mod=view&aid=5198&page=3
There ya go punters, direct from the Dragon's mouth, get at 'em, tell them they haven't got a clue, St George has got yer back.
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17 | 2551125 | 0.042 |
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36 | 3500696 | 0.040 |
Price($) | Vol. | No. |
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Last trade - 16.10pm 26/02/2021 (20 minute delay) ? |
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Change
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