Despite a two year campaign aimed at cleaning the sector and removing all unlawful operations, China has admitted that its rare earth industry still suffers greatly from pollution, smuggling, and illegal mining.
In October the company announced that its liquidity position had been seriously weakened to due a declining nickel price and waste water leakage issues.
Your willingness to buy a stock should not be diminished by the fact that it has fallen in price. In everyday purchases, we want to buy things that are selling at discounts. In investing, people tend to prefer stocks when they are expensive and hate them when they are cheap.
