Prof. Dudley Kingsnorth and Dan Packey highlighted the issue of illegal/grey mining in China and consequent environmental costs and, how an international association can help China to overcome these problems. It would be pertinent to draw the big six Chinese SOEs to the association and through the association, the global RE industry can aim to achieve a more balanced and sustainable market. Dr Chen, representing Association of China Rare Earth Industry (ACREI), explained the efforts of China in correcting rare earth imbalances. He shared, China would be more outward looking in coming years through investments in foreign RE assets and buy back agreements. He asserted that China would be more than willing to assist the association and he foresees a close cooperation between ACREI and GloREIA. Dr. Gareth Hatch of Technology metals, LLC lauded the timely efforts of the team and explored the synergies between the objectives of the association and the ongoing works on the international standardization. Professor Roderick Eggert of the Colorado School of Mines and the Critical Material Institute outlined different business plans that the association can emulate and explored the cooperation between North American organizations and GloREIA. He pointed out that the Mountain Pass mine is expected to re-start production soon as an independent, single entity, with partial Chinese ownership. This is an example of the types of trends that we could observe for our future. Nick Kotaki from Material Trading Company of Japan, explained the Japanese RE market, particularly after the crisis in 2010-11 and hoped that if such an organization existed at that time, the things would have been better. Elbert Loois shared a similar view and explained the trajectory of forming the resources alliance (RA) in Germany in a post- crisis period.