Ukraine Conflict Impact, page-42

As terrible as this decade has started out, it's very clear both covid and the Ukraine situation is accelerating decarbonisation.

The Ukraine conflict will drastically accelerate global re-thinking re energy supplies, and there is no doubt renewables is going to go through a huge expansion. ALL countries will look at ways of becoming more self-reliant re energy supplies. Wind in particular, and it was almost a premonition by LYC to have a wind turbine at the cover of their HY presentation (and Pol being extremely bullish on wind).

My wind related shares were significantly up yesterday in Europe, and the amount of NdPr in the turbines means there will be no shortage of customers for our products. I hope we can directly link in to this sector with our increase in production, via, perhaps, mutually beneficial long term contracts.