Have you seen any new developments about China's control on price?

You know, in the past, there have been some Chinese companies and Chinese individuals who have cheated on Beijing's policies.

Beijing may say, "We're gonna not export this," or, "The price has to be this," and then what has happened is someone's cheated.

They wanna sell, uh, they ship something out through, uh, Vietnam or through some other mode, and, um, or, or described as some other type of product, and, um, they undermine the, um, you know, the, the, the big policy.

Um, I think now what's happening is that, um, there's almost a...

We're not at that point yet, but we- we're very much heading there, uh, towards a point at which, um, people are almost not going to need, um, a Chinese, uh, product in quite a number of the critical minerals.

Um, now one could attribute this to, uh, you know, policy and big, big thinking in Washington or elsewhere, Washington or Brussels or elsewhere.

So what makes it different this time that Western companies are gonna survive?

Have you seen any new developments about China's control on price?

You know, in the past, there have been some Chinese companies and Chinese individuals who have cheated on Beijing's policies.

Beijing may say, "We're gonna not export this," or, "The price has to be this," and then what has happened is someone's cheated.

[chuckles] They wanna sell, uh, they ship something out through, uh, Vietnam or through some other mode, and, um, or, or described as some other type of product, and, um, they undermine the, um, you know, the, the, the big policy.

Um, I think now what's happening is that, um, there's almost a...

We're not at that point yet, but we're, we're very much heading there, uh, towards a point at which, um, people are almost not going to need, um, a Chinese, uh, product in quite a number of the critical minerals.

Um, now one could attribute this to, uh, you know, policy and big, big thinking in Washington or elsewhere, Washington or Brussels or elsewhere.

So what makes it different this time that Western companies are gonna survive?

Why did you title it Trump Demand?

Uh, yeah, because, um, you know, frankly, a lot of this is being driven at the m- at the moment by Trump.

Now, there, you know, Trump has certain elements of, uh, truth to him that he just stumbles upon, um, and one is the threat from China, and the other is, uh, you know, a certain randomness.

And in the, in the critical metals space, what people are not...

We- we're looking at a situation where we have a crisis today in a whole array of metals, but some of those crises are gonna go away, and when they go away because the, you know, the demand, uh, the supply shortage will be met, then they will cease to be critical anymore.

So, um, you know, the...

What we need to do now is work out which of these investments in critical metals have a long-term good prospect, because the shortage is gonna be long-term, and which of them is, uh, are just temporary, or even which ones of them are, are phantom, uh, shortages because they don't really exist.

Yeah.

Have you seen any new developments about China's control on price?

You know in the past there have been some Chinese companies and Chinese individuals who have cheated on Beijing's policies.

Beijing may say we're going to not export this or the price has to be this and then what has happened is someone's cheated.

They want to sell, they ship something out through Vietnam or through some other mode and or described as some other type of product and they undermine the big policy.

I think now what's happening is that there's almost, we're not at that point yet, but we're very much heading there towards a point at which people are almost not going to need a Chinese product in quite a number of the critical minerals.

Now one could attribute this to policy and big thinking in Washington or elsewhere.

Washington or Brussels or elsewhere.

makes it different this time that Western companies are going to survive?