I think it's very hard to anticipate what China is going to do next, and that is the position that manufacturing economies like Japan and Germany and others are facing right now. Those that are dependent on critical materials from China are thinking exactly that. It's very hard to understand where China is going to be next in terms of their policies with these critical materials that they control. They control rare earths, but they also control the supply of graphite, antimony, indium, and many other strategic materials.
So I think there's an interest in being more independent from China. What needs to be done, and I think CREEN is trying to do that, is to involve downstream players, so we have GE as part of the steering committee, and I know from contacts with other large companies that there is an interest in securing the supply. So what I believe will happen is that when new mines actually come into production—because there's a lot of talk about finding new deposits, and we have found many deposits—developing these projects will be complex.
So you asked, what if tomorrow China comes in with a new deposit? It's possible, and then they have to develop it. Then they have to crack it, they have to separate it, and do all these things that everybody is facing. If it was that easy, they obviously wouldn't be decreasing the quotas the way they are doing and trying to restrict the supply of the less common elements.
So I think it will be difficult for China to come up with a brand new source of the heavy rare earths, for instance.