Some of the more “interesting” comments being posted on the wannabe RE producer forums.
”Hyundai have around 1.6M cars they want to roll out in 2027. So that aligns exactly with the amount of offtake they seek from ARU.ie they need 1.6M tonnes of NdPr Oxide as this converts to around 3.2M tonnes of magnet. Exactly the amount Hyundai/Kia need in 2027 for their planned production. I have based this calculation on the average amount of 2kg of permanent magnet per vehicle.”
News: LYC Rising demand for responsible rare earths is not lifting prices, says Lynas, page-32
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