A very interesting article I found yesterday
https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/oil/042324-us-to-keep-tightening-screws-on-russian-energy-projects-officialAddressingthe matter of the west reducing its reliance on China, US Assistant Secretary ofState for Energy Resources Geoffrey Pyatt stated the following;
."We need to make sure thatwe don't replace an era of dependence on Russian fossil fuels, with dependenceon critical minerals, and critical mineral processing in the People's Republicof China,"
Read this statement in the context of EQR’s currentstrategy – we are on a path to expand our tungsten mine capacity and we are ona path to vertical integration i.e. our own processing.
.Sounds pretty damn good to me….
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