https://www.reuters.com/business/aerospace-defense/china-has-agreed-address-us-concerns-over-rare-earth-shortages-says-white-house-2026-05-18/
CHINA have yet to provide a response confirming DTs summary of discussions but it seems very likely that the current export control regime will remain in place until November 26.
USA, EUROPE & ASEAN nations need to accelerate project investment to establish alternate and sustainable CM/RE supply chains and LRV is doing an outstanding work with HILLGROVE despite any material assistance from State or Commonwealth. HILLGROVE to commence production in late July / early August 26.
What else is going on:
▪︎ UAMY flounders around & it is not clear at all what its key priorities are from its Q1/26 earnings transcript of last Thursday.
▪︎ PPTA'S USD 2.3B / AUD 3.2B loan is scheduled to be decisioned on Thursday 21 May by the EXIM Board & then usual project specific loan preconditions will need to be met prior to the major works commencing early 2027 & completion late 2029 / early 2030.
▪︎ AT4, EVR, FXG, RML & RMX are each progressing their projects at varying speeds but it is unclear who will be in production by 30 June 27.
Our confidence & patience in LRV / HILLGROVE will be rewarded in the coming months and years.
AIMHO / DYOR / GLTAH
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