Hi Cwamit,
What that broker failed to understand, that Vertical Transportation, e.g. (Lifts and Elevator's), have Permanent Magnets installed in the motors.
These lift motors are currently being installed, all around the world, where a lift is being installed.
So demand and price for NdPr will increase in the not far distant future.
IMHO.
Regards
Rossi70
Ann: Shenghe Investment and Funding Term Sheet, page-41
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