Lynas Warns of China's Rare Earths Strategy
Lynas managing director Amanda Lacaze states that China will take a nuanced approach to defending its rare earths dominance.
According to Lacaze, China will deny crucial consumables to new refineries, impacting Australian and American projects.
Chinese manufacturers will deliberately starve Australian and American projects of the equipment and consumables they need.
This warning comes as Lynas reports its strongest quarterly revenue in more than two years.
Amanda Lacaze notes that new, government-backed rare earths projects will face higher construction costs due to China's strategy.
Author's summary: China to limit rare earths equipment.
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