Just a quote:
“When peering into the outlook for the next decadeto come, it becomes quickly apparent that therapid demand growth of the 2020s will soon bedwarfed by the astronomical demand growth ofthe 2030s – and therein lies the real definingchallenge and opportunity facing the global rareearth industry today.
If the global industry continues to operatemyopically – preparing, anticipating and investingonly for a three to five-year outlook – the rate ofdemand growth for magnet rare earths will soonreach ‘escape velocity’; a point at which annualdemand growth becomes so great (i.e. >6,000tonnes per annum) that it is simply implausible forthe already-lagging supply-side to catch up andkeep up.” Adamas Intelligence, Sept 28, 2020
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Ann: Minerals 260 to acquire large WA REE-Ni-Cu-Li Project, page-55
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