Pek, page-212

On the money, China want to produce 50% of all EV's worldwide by 2025, the reason for the price hike in RE's recently is because China is stockpiling for its domestic market, or thats just what they are claiming to avoid another embarrasing loss at the WTO.

https://www.forbes.com/sites/kenrapoza/2021/01/17/chinas-rare-earths-slump-a-sign-of-domestic-hoarding-for-ev-batteries-and-more/


Regardless, China have just been called out on Genocide !! by the US. Wont be long before more countries make the same claim.

IMO, expect things to heat up significantly politically, expect RE prices to sky rocket over the next 6 months, expect companies like PEK who are CHINA FREE from Mine (pending SML) to Metal to emerge and prosper as a result.

China is already preparing for a Cold War......

https://www.argusmedia.com/en/news/2177924-chinas-shenghe-chinalco-to-form-shenghe-jiangsu-re


All great news for PEK.........