General Chat / Discussion, page-1217

Yep, very exciting...future supply / demand issues are mind blowing. Can see a mad scramble to get hold of IXR's product.

According to Adamas Intelligence, “when peering into the outlook for the next decade to come, it becomes quickly apparent that the rapid demand growth of the 2020s will soon be dwarfed by the astronomical demand growth of the 2030s – and therein lies the real defining challenge and opportunity facing the global rare earth industry today.

If the global industry continues to operate myopically – preparing, anticipating and investing only for a three to five-year outlook – the rate of demand growth for magnet rare earths will soon reach ‘escape velocity’; a point at which annual demand growth becomes so great (i.e.>6,000 tonnes per annum) that it is simply implausible for the already-lagging supply-side to catch up and keep up.”¹