"Participation in shares of Mountain Pass Rare Earths Development Co., Ltd., which has control of the underwriting rights control resources, and expects to invest in the company's 17-year equity participation in the Mountain Pass rare earth mine in the United States (the world’s second largest rare earth mine, shut down due to falling rare earth prices and high environmental costs). ) Development company MPMO 9.99% equity, through the subsidiary Singapore International Trade (70% interest) to get the mine underwriting rights, and has a technical team, in the successful experience of the mainland trough rare earth mine, to complete the technical commissioning and process optimization, Has been put into production. Both the Mountain Pass Mine and the Sichuan Province's mainland channel mine are bastinite ore, and the company's technology is reliable. It is expected that the trial will be put into production after the trial production."
Sounds like the Dragon will be cranking up Aunt Moly before much longer. Q has to be whether they plan to produce oxides or simply ship the concentrate back to the Motherland, US only buys La for cracking catalyst and a bit of Ce for autocat regardless.
Numerous reports now suggesting the Dragon seeking to import a significant portion of its RE feedstock, perhaps lower environmental cost, perhaps security against Baotou dependence IO prices?
Whatever, the twits will be entertaining once Fox News gets hold of the story.
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