AFR. "In rare earths, Arafura predicts a supply shortfall, with...

AFR. "In rare earths, Arafura predicts a supply shortfall, with global production sitting about 65,000 tonnes a year and demand on track to hit 126,000 tonnes a year by 2032 based on forecast use in electric vehicles, wind turbines, defence applications and electronics.That is despite a slump that has hit the world’s biggest non-China producers – Lynas Rare Earths and MP Materials – hard.Lynas boss Amanda Lacaze said Lynas and China’s Northern Rare Earths were the only producers in the world making money with neodymium and praseodymium (NdPr) prices at $US47 per kilogram" 8/5

DRO promising