Rare Earth Supply Chain Bottlenecks and REalloys' Market Preemption
BHP BHP Group Limited ADR
$81.12 -2.10%
View chart & analysis → - 1REalloys reported $122.4 million in cash as of the end of June.
- 2The company aims to fill the gap in the metallization stage, which is controlled by China and accounts for over 90% of the world's 210,000-ton production capacity.
- 3Non-Chinese magnet factory production capacity is expected to reach approximately 70,000 tons by 2030.
So what's the key point?
REalloys holds $122.4 million in cash. The company is targeting the vacancy in the metal processing market currently dominated by China.
Source Oilprice.com · View original ↗
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