REE PRICING AND PRICE DISCOVERY
The last few years and months have seen increasing volatility, with the REE sector exhibiting extreme behaviour. One of the core issues in this market is how long it will take from the discovery of economically viable concentrations of TREOs to the end of the supply chain where it can be delivered in the final form to purchasers.
As previously mentioned, over 95 per cent of world production lies with the Chinese, indicating that the rest of the world is lagging far behind. However, it wasn’t always this way. Mountain Pass in California, USA, was a well-known REE producer for many years, but it was put into stasis when the Chinese inundated the market and made the mining of the REE economically unviable. Mountain ...
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