Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

Pan-Asia Catalysts/Events

Quiddity Advisors

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/tokyo-steel-mfg-co-ltd" target="_blank" data-smartkarma-citation="entities:16195:1" rel="noopener">Tokyo Steel (5423 JP)</a>'s cost are up, but Japan's still a net scrap exporter, with enough scrap to keep Japan scrap prices low enough to keep electric arc furnaces competitive.</li>
<li>I can't see FIRB stomping on the Kestrel  deal. Perhaps behavioural remedies, where possible, such that <a href="https://www.smartkarma.com/entities/yancoal-australia-ltd" target="_blank" data-smartkarma-citation="entities:4145:1" rel="noopener">Yancoal Australia (YAL AU)</a> doesn't divert the majority of the exports to China.</li>
<li>IDX has considerable work to do to address transparency, investability, and credibility. <a href="https://www.smartkarma.com/entities/barito-pacific-tbk-pt" target="_blank" data-smartkarma-citation="entities:8851:1" rel="noopener">Barito Pacific (BRPT IJ)</a> and 64.7%-held <a href="https://www.smartkarma.com/entities/pt-barito-renewables-energy-tbk" target="_blank" data-smartkarma-citation="entities:40150:1" rel="noopener">Barito Renewables Energy (BREN IJ)</a> are both uninvestable.</li>
</ul>



Tokyo Steel (5423 JP)'s cost are up, but Japan's still a net scrap exporter, with enough scrap to keep Japan scrap prices low enough to keep electric arc furnaces competitive.
I can't see FIRB stomping on the Kestrel  deal. Perhaps behavioural remedies, where possible, such that Yancoal Australia (YAL AU) doesn't divert the majority of the exports to China.
IDX has considerable work to do to address transparency, investability, and credibility. Barito Pacific (BRPT IJ) and 64.7%-held Barito Renewables Energy (BREN IJ) are both uninvestable.


Last Week In Event SPACE: Tokyo Steel, Yancoal, Sun Corp/Cellebrite, Barito Pacific/Renewables

<ul>
<li>
<a href="https://www.smartkarma.com/entities/meteoric-resources-nl" target="_blank" data-smartkarma-citation="entities:1747:1" rel="noopener">Meteoric Resources Nl (MEI AU)</a>, one of a handful of Aussie-listed plays developing Brazilian rare earths mines, is seeking to raise A$40mn (@ A$0.17/share, a 1.5% discount to one-week-VWAP).</li>
<li>And yesterday, the Trump administration-backed <a href="https://www.smartkarma.com/entities/usa-rare-earth-inc" target="_blank" data-smartkarma-citation="entities:48244:1" rel="noopener">USA Rare Earth (USAR US)</a> announced a punchy US$2.8bn takeover of Serra Verda, Brazil's only operational producer of rare earths.</li>
<li>Brazil boasts the world’s largest rare earths reserves after China. Both these deals/projects centre on scarcer, harder to extract, heavy rare earths, essential for EV magnets and defence applications.</li>
</ul>



Meteoric Resources Nl (MEI AU), one of a handful of Aussie-listed plays developing Brazilian rare earths mines, is seeking to raise A$40mn (@ A$0.17/share, a 1.5% discount to one-week-VWAP).
And yesterday, the Trump administration-backed USA Rare Earth (USAR US) announced a punchy US$2.8bn takeover of Serra Verda, Brazil's only operational producer of rare earths.
Brazil boasts the world’s largest rare earths reserves after China. Both these deals/projects centre on scarcer, harder to extract, heavy rare earths, essential for EV magnets and defence applications.


Meteoric Resources (MEI AU) Taps Market, As Washington Also Targets Brazil's Rare Earths

United States

USA Rare Earth, Inc. operates as a magnet manufacturing company. The Company develops a NdFeB magnet manufacturing, minerals supply, extraction, and processing plant. USA Rare Earth serves defense, automotive, aviation, industrial, medical, and consumer electronics industries in the United States.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

USA Rare Earth (USAR US)

Last Week In Event SPACE: Tokyo Steel, Yancoal, Sun Corp/Cellebrite, Barito Pacific/Renewables

It’s Sunday! Pour yourself a coffee, grab a comfortable seat, and sift through a brief summary of insights on various events discussed during the...

David Blennerhassett

Meteoric Resources (MEI AU) Taps Market, As Washington Also Targets Brazil's Rare Earths

I don't have a strong opinion on Meteoric here. Plus there remains permitting/execution risks. Price fluctuation is heavily sentiment based. And...

David Blennerhassett

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)