EconoMarcus

Clint Cox: Digging for Opportunities in Rare Earths

Responding to the two statements below:
You may be right. I hope you are. But let's also be objective: CNMC has bought 51.6% of Lynas. Not 49%, not 80%, but just a bit more than 50%. Does this really look like a pure financial investment and not more? In the short term CNMC will likely play its "good guy" role. Why not? Lynas has yet to start large-scale production. Let them go on cranking up production. But what when China's need for REEs surpasses its own sources (and that might be pretty soon). The way I see China I have no doubt that they will make sure their country comes first. Good luck!

On Jun 27 05:29 PM Alan Young wrote:
> My thesis is that the Australian owners will make at
> least some of the production available to the non-Chinese
> markets, increasing demand for their output..

On Jun 27 06:44 PM jimp wrote:
> From the investor relations call, CNMC are acting as
> investors/shareholders, not to control or monopolize for China,
> but to make a profit.