Ann: Additional Information Tesla Offtake Agreement, page-152

I applaud your focus on markets that matter.
I publish same or similar graphs on the Lynas forum. As do others.

The demand for REEs comes from many high value downstream sources.

It is a more volume-based business with graphite perhaps, but the similarity I am thinking about is in the fact that EVs are going to create a new demand off a relatively low base for both. Just one new critical high-value app adding 100s of percents of current demand to graphite and REE markets. There is also large incremental copper demand and aluminum, nickel etc, but those involve more mature mining companies already in the business with prospects as well as production at scale.

EVs are responsible for driving resource price and investor interest. Big resources for a big job. Grow scale with market both at Blama and Vidalia.

I did not add today as I thought I would; I bought some LI instead and that was fortuitous.

GLTAH.