Great Western Minerals Group Ltd (fka GWG)

[Yawn]

Vertical integration is usually a losing proposition.
GWG should stick to what they know best: manufacturing magnet alloys.
It is also the highest margin business in the REE industry(as per Jack Lifton and Gareth)
The only reason to go down in the food chain of REE business I can think of is to secure the supply of Dy. Chinese can have the separation plant as long as GWG will get the stuff they need.
No need to own the separation plant at all.
(IMHO)