interesting article about a rerate for gold shares and increase demand for rare earth magnets to give us all some hope for DRE share prices in the future. If it works a link to the article will be at the end…”But wait HAL, we have a problem. Electric vehicles are heavy on permanent magnets produced from rare earths but robots take things to the next level.Musk’s prediction of 10 billion robots doesn’t even have to get close to being on the mark for demand for rare earth magnets to take off into uncharted territory.It is a subject that US rare earths producer MP Materials raised at J.P. Morgan’s Energy, Power & Renewables Conference in New York on June 17.MP’s chairman and CEO James Litinsky said that it was likely that the robots coming our way would have two to three times the magnet content of your average electric vehicle.” https://www.livewiremarkets.com/wires/gold-stocks-poised-for-re-rate-on-strong-quarterly-cashflows
DRE Price at posting:
2.0¢ Sentiment: Hold Disclosure: Held
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