Member Info for Finton

I think even Will is in disbelief that the SP hasn't moved after all the news lately.

China are continuing to throttle export licenses, regardless of what Trump/The White House say.

As the previous poster mentions, the sooner we can get magnets cranking out from Tysley the better.

Apologies if this article was already posted.

https://www.ft.com/content/b9596651-ccf5-4477-8bc8-256c460b7920

"Carmakers battle to find supplies of rare earths as China tightens its grip"

“Everybody started calling and said, ‘can you give us 2,000 magnets because our line is going to stand still. The price is not an issue — let’s talk about what you can do, when can we have it, and how can you do it.’ It’s just unbelievable,” Eckard said.

Gap up soon? Bonker usually pretty accurate with his predictions lately (and I hope this continues!).

"China demands sensitive information for rare earth exports, companies warn

Extensive licensing requirements raise concerns about intellectual property theft"

https://www.ft.com/content/0fce7177-a713-4c06-ba22-0ae429efe73f

This trade war is far from over. Regardless of what noises come out of the White House.

Neodymium +1.83%

"EU urges China to loosen rare earth curbs as carmakers near crisis point"

https://www.ft.com/content/cd9f254c-de83-4473-acf3-0f5d0c3ccbab

Excellent news. Strange share price action. I'm surprised Neodymium isn't sky rocketing as well but I'm confident it will.

I've ridden this share down from 28p to 4p and now back to 16p. We're in the right place at the right time. Nothing but positive noises. GLA

Neodymium ticking back up as well.

Thanks esduk. I do remember the $50m minimum banded around. I'm sure we'll be listed at multiples of this at any rate.

Minimum Requirements for a SPAC on NASDAQ Capital Market:

Stockholders' Equity:

Minimum of $5 million in stockholders’ equity.

Market Value of Publicly Held Shares:

At least $15 million.

Number of Public Shareholders:

Minimum of 300 round lot holders (each holding at least 100 shares).

Share Price:

Minimum $4.00 per share.

Operating History:

Not required (SPACs generally have no operating history).

Market Makers:

At least 3 market makers.

Corporate Governance:

Must comply with NASDAQ corporate governance standards.

ChatGPT gave me the above answer.

I believe the value of the SPAC would be many multiples of the values stated above.

Into the 14s as predicted by @Bonker. Penny for anyone's thoughts on how the charts are looking at the moment?

"Slow Chinese rare earth export approvals threaten supply chains"

Headline on the front cover the of the FT online.

https://www.ft.com/content/81ba803e-9cce-4752-8432-4dde4e77c691

Am I reading this correctly that this looks like a one year delay for the SPAC? Or have I jumped to conclusions...

Bid drop to encourage some selling from weak hands to fill that big buy from the morning. I wonder...

FT A

Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https://www.ft.com/tour.

https://www.ft.com/content/b8269eff-b60a-435f-8e85-43f9fa36f9c2

MENU

Financial Times

My Account

Rare earthsAdded

China’s rare earths controls prompt fears of auto shortages and shutdowns

Traders and executives warn of limited inventories and a risk of disruption to automotive production

© Imaginechina Limited/Alamy

China’s rare earths controls prompt fears of auto shortages and shutdowns on x (opens in a new window)

China’s rare earths controls prompt fears of auto shortages and shutdowns on facebook (opens in a new window)

China’s rare earths controls prompt fears of auto shortages and shutdowns on linkedin (opens in a new window)

China’s rare earths controls prompt fears of auto shortages and shutdowns on whatsapp (opens in a new window)

Share

Save

Harry Dempsey in Tokyo, Camilla Hodgson and Kana Inagaki in London and Edward White in Beijing

Published

3 HOURS AGO

27

Print this page

Get ahead with daily markets updates.Join the FT's WhatsApp channel

China’s latest export controls on rare earth minerals could cause shutdowns in automotive production, with stockpiles of essential magnets set to run out within months if Beijing fully chokes off exports.

Beijing expanded its export restrictions to seven rare earth elements and magnets vital for electric vehicles, wind turbines and fighter jets in early April in retaliation for US President Donald Trump’s steep tariffs of 145 per cent on China.

Government officials, traders and auto executives said that, with inventories estimated to last between three and six months, companies would be racing to stockpile more material and find alternative supplies to avoid major disruption.

Jan Giese, a metals trader at Frankfurt-based Tradium, warned that customers had been caught off guard and most car groups and their suppliers appear to be holding only two to three months’ worth of magnets.

“If we don’t see magnet deliveries to the EU or Japan in that time or at least close to that, then I think we will see genuine problems in the automotive supply chain,” said Giese.

20/04/25

https://www.ft.com/content/b8269eff-b60a-435f-8e85-43f9fa36f9c2

I also got the same RNS. It did feel like peculiar timing.

Pent up*

Looking forward to a nice rise next week after some pempt up demand over the long weekend!

Cotec and Mkango Appoint Lead Engineers PegasusTSI and BBA to Perform Engineering, Procurement and Construction Management (EPCM) Services for HyProMag USA to Produce Rare Earth Magnets in the U.S.

TSX listing just now in line with AIM listing. 0.34CAD=0.18GBP.

Low volume over there so not the best indicator.

Reposted by Mr Dawes:

Adamas Intelligence - "Magnet makers we communicated with

estimating ~45 days to receive an export

license. Some Reuters sources saying

weeks to months.,

As we highlighted in our monthly reports to

clients today, the new export controls have

potential to put the brakes on China's

export market and create near-term

bottlenecks for end users,

Larger end users likely have weeks of

captive supplies in house but if licenses

take months to receive some will feel the

strain."