in regards to EV in US - I have spoken to two of my customers from US and asking them about EV in US. They said only in city area but not many so far. As an American themselves, they still prefer petrol or diesel because apparently the American loves to drive distance..
I am positive with ARU and its NdPr in long term. We are fortunate able to build a sizeable position in ARU at nearly bottom price after watching it for sometimes (from 60c I remember). I do a lot reading and I came a cross Iron Nitride which made a strong permanent magnet that doesn't need any REE..
Any one care to eloborate?
Ann: Commonwealth Government supports Nolans with US$533m package, page-162
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