"supply is surplus"

That reality is 180 degrees from the BS hype that got us all invested here.

"Xin Guobin, Vice Minister of Ministry of Industry and Information Technology attended the meeting and made a speech. He pointed out that the CPC Central Committee and State Council attach great importance to the sustained and healthy development of the rare earth industry."

http://www.ndfeb1688.com/news/show-28005.html

Well worth the translation for perspective, some really good stuff there:

"From the supply side, China continues to implement the total amount of rare earth control policy, total planned output will increase slightly. However, under the normalized crackdown on illegal activities, the output of illegal activities will decrease while the imports of rare earth minerals from abroad will continue to increase."

Go figure, acceptance Lynas alt supply chain? Add value you're always a winner.