Maybe so, I'm not sure. Thing about driving ICE vehicles in rural areas is the big distances and big fuel costs.
EVs are so much cheaper to power and engine maintenance is almost nil according to this Queensland farmer.
One in 12 new cars in Australia is electric and that's growing so this could be a good trend for Lynas.
https://www.abc.net.au/news/2024-06-10/regional-rural-queensland-electric-vehicle-uptake/103914408
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