Ann: Shenghe Investment and Funding Term Sheet, page-64

https://www.notebookcheck.net/Samsung-delivers-600-mile-solid-state-EV-battery-as-it-teases-9-minute-charging-and-20-year-lifespan-tech.867768.0.html

here just one example of EV batteries improvements on the way, there are other tec that has similar improvements. When range anxiety and recharge times come down then Ev will power past combustion engines ( although combustion engines will still have a huge space still) all this power is going to need double the amount of electricity generation. A large large wind turbines, so more magnets for that as well, So anyone on this stock saying 150 to 250 prices for the concentrate won't be achievable or has no merits, doesn't know sweet stuff all about rare earths future demands