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I'm not sure if this is good or bad for REEs and our stocks? I guess what we need is the West to rapidly advance our own REE production from mines to magnets and get China out of the loop.
View attachment 201669
China is putting a six-month limit on rare-earth export licenses for US automakers and manufacturers, according to people familiar with the matter, giving Beijing leverage if trade tensions flare up again while adding to uncertainty for American industry.
Beijing’s agreement to temporarily restore rare-earth licenses was one of the key breakthroughs in the latest round of intense trade talks in London, but the six-month limit illustrated how each side is retaining the tools to easily escalate tensions again.
In exchange for the Chinese easing rare-earth curbs for now, the people said, US negotiators agreed to relax some recent restrictions on the sale to China of products such as jet engines and related parts, as well as ethane, a component of natural gas important in manufacturing plastics.
Details of the framework to uphold an interim agreement forged in Geneva last month are still being worked out, the people said. The White House declined to comment.
According to people who consult with Chinese officials, Beijing wants to retain its chokehold on the critical minerals to give it valuable ammunition for future negotiations.
During the London meetings, China agreed to start approving rare-earth license applications for US companies right away, pending the sign-off of President Trump and Chinese leader Xi Jinping on the trade framework, according to a person with direct knowledge of the matter. The earliest an application could be approved is within a week of the two leaders officially signing off on the framework originally established in the meetings last month in Geneva, this person said.
Good morning @AntirnatorDoes CCP want ILU, PLS and others to process critical minerals outside of China?
SIX MONTHS ??I'm not sure if this is good or bad for REEs and our stocks? I guess what we need is the West to rapidly advance our own REE production from mines to magnets and get China out of the loop.
View attachment 201669
China is putting a six-month limit on rare-earth export licenses for US automakers and manufacturers, according to people familiar with the matter, giving Beijing leverage if trade tensions flare up again while adding to uncertainty for American industry.
Beijing’s agreement to temporarily restore rare-earth licenses was one of the key breakthroughs in the latest round of intense trade talks in London, but the six-month limit illustrated how each side is retaining the tools to easily escalate tensions again.
In exchange for the Chinese easing rare-earth curbs for now, the people said, US negotiators agreed to relax some recent restrictions on the sale to China of products such as jet engines and related parts, as well as ethane, a component of natural gas important in manufacturing plastics.
Details of the framework to uphold an interim agreement forged in Geneva last month are still being worked out, the people said. The White House declined to comment.
According to people who consult with Chinese officials, Beijing wants to retain its chokehold on the critical minerals to give it valuable ammunition for future negotiations.
During the London meetings, China agreed to start approving rare-earth license applications for US companies right away, pending the sign-off of President Trump and Chinese leader Xi Jinping on the trade framework, according to a person with direct knowledge of the matter. The earliest an application could be approved is within a week of the two leaders officially signing off on the framework originally established in the meetings last month in Geneva, this person said.
took LYC something like 5 years ... re: heavy REESIX MONTHS ??
that would barely give the West time to untangle the red /green tape
but let us see ,
maybe there will be some actual processing progress in the west , but i doubt there will be enough capital available to be deployed
well WES could be encouraged to help BUT local regulations will make any local processing a long, slow and ugly grind , you know protecting orange-striped blow-flies etc etcDoes CCP want ILU, PLS and others to process critical minerals outside of China?
from memory m8 thinking WES had a keen interest in LYC once.well WES could be encouraged to help BUT local regulations will make any local processing a long, slow and ugly grind , you know protecting orange-striped blow-flies etc etc
and China probably fully understands this ( after all they created a formal bureaucracy well over 1000 years back )
that could be trimmed , BUT i still suspect something like two or three years minimumtook LYC something like 5 years ... re: heavy REE
EDIT: and some considerable strategy and judgement and share holder pain with all coin invested back into the company at the expense of dividends
yes they did but LYC decided to go it alone ( so they bought Kidman Resources )from memory m8 thinking WES had a keen interest in LYC once.
Talking in circles is a specialty for never making decisions and assuming that everybody agrees only to find out no one agrees because no one ever writes down the decisions for fear of being wrong. Yes that sentence is deliberately convoluted.and China probably fully understands this ( after all they created a formal bureaucracy well over 1000 years back )
yeah ... surethat could be trimmed , BUT i still suspect something like two or three years minimum
i plan to be very cautious in this area , as prices will be suppressed because of 'national interests '
but rushing will be catastrophicyeah ... sure
Governments in the Western world have a keen interest in REE and their application with military hardware. Reliance upon China is no longer an option. The technologies employed are forever changing, but technological know how to refine Heavy, is not very well publicised. The Chinese are the best of the best in performing that.
Kind regards
rcw1
a fair bit of work went into Malaysia by Amanda (whom rcw1 rates) and her team. Nearly turned to *hit when reformers and environmental activists pursued LYC and the Malaysian government in the courts over refining REE in Malaysia. A radioactive by-product occurs when refining .... Amanda ultimately won for the time being anyways. Her engagement prowess is to be admired. Be rest assured rcw1 has never met or spoken/corresponded with her, rcw1 opinion on what have read and watched happen and the growth of the company whilst in her hands.but rushing will be catastrophic
first they would have to force/coerce LYC to divulge their own technology ( because you can bet China won't )
and see what plant is required , etc. etc
there is a reason why LYC is one of the very few processing plants in 'the West ' ( i bet Malaysia is surprised to be inducted into 'the West ' )
China the aggressor ??a fair bit of work went into Malaysia by Amanda (whom rcw1 rates) and her team. Nearly turned to *hit when reformers and environmental activists pursued LYC and the Malaysian government in the courts over refining REE in Malaysia. A radioactive by-product occurs when refining .... Amanda ultimately won for the time being anyways. Her engagement prowess is to be admired. Be rest assured rcw1 has never met or spoken/corresponded with her, rcw1 opinion on what have read and watched happen and the growth of the company whilst in her hands.
The other issue is orchestrating a market and then contractualise trading arrangements with buyers and knowing when to 'stockpile' as opposed to sell in response to China's aggression.
Kind regards
rcw1`
with REE China is, that was all rcw1 was talking about here bloke ...China the aggressor ??
the US HATES it when it thinks it's slave states are starting become self-reliant
think of the Taiwan saga in terms of if Hawaii or Alaska moved towards independence would the US just sit there and do nothing ?
BTW you only have to go to the pre-WW2 Japan sanctions/embargoes , and see the US playbook ( Japan was an ally in WW1 , and a 'mini China ' in it's day aka a cheap manufacturer for dirty industries )
China inherited the REE dominance because the West has a NIMBY ( Not In My Back Yard ) policy even LYC had to process in Malaysia to reduce the 'screaming Greenies' interference )with REE China is, that was all rcw1 was talking about here bloke ...
Kind regards
rcw1
China more than inherited ... it monopolised it after acquiring the technologies through practice, trial and error !!!China inherited the REE dominance because the West has a NIMBY ( Not In My Back Yard ) policy even LYC had to process in Malaysia to reduce the 'screaming Greenies' interference )
remember back when India was the epicenter of of battery manufacture , same thing different nation ( cheap labor and less concern over toxic chemicals )
the French had a plant the US tried to build one
AND without all this exotic tech , REE demand probably wouldn't be so high
well why wouldn't they , they did the hard yardsChina more than inherited ... it monopolised it after acquiring the technologies through practice, trial and error !!!
Kind regards
rcw1
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