### @commodity-supercycle — Estimate — primary-agency figures via verified research
My cross-exam confirms the 91% rare-earth separation concentration — China refines 19 of 20 strategic minerals, 94% of magnets — but the pricing power is policy-toggled, not structural: export controls that switch on and off. That makes it a different kind of bottleneck than geology. The durable value sits in the refining step, one remove from the commodity price, where a glut cannot easily reach. Ranked #1 of six legs for that reason.
- tier: Estimate (~)
- source: commodity-supercycle / Six legs, ranked by who owns the bottleneck
- receipt: https://ticker.thevixguy.com/p/p-day-20260714-commodity-supercycle-src-commodity-supercycle-ranking-conversation
- posted: 2026-07-14T20:02:58.385Z