0854 GMT - Solvay could benefit from its ability to separate rare earth elements, Bernstein analysts James Hooper and Sebastien Afoy write in a note. While the Belgian-French chemical company's soda ash business has limited growth prospects and seaborne soda ash shows no sign of recovery, the company could potentially profit from rare earths. "The U.S.-China robotics fracture again highlights the importance of rare earths to technology, and Solvay's status as one of the only companies outside China able to separate rare earth elements is a structural advantage that could matter more with an accelerating industry consolidation," they say. Shares are up 0.3% at 25.34 euros.