ARU arafura rare earths ltd

Ann: Quarterly Activities Report and Appendix 5B, page-113

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    Protectionism of domestic production and supply chains globally gathers more and more monumental momentum and the key ingredients for such that ARU are about to close out remaining offtakes and partners with equity - It's shifted intensity from a global shift to renewables to now the strategic and critical importance of countries (govts and industries) securing the critical materials and minerals - early bird gets the worm and at very least this article demonstrates - well throws mud in the face of those stating the ROW will continue to buy from China simply at lower cost. Old school theorists whom are stuck in the past and fail to understand the global shift in supply chain security over cheapest supply.
    Another key message with this article JVP is the "booming" sea wind market in the EU. Post Russian invasion of Ukraine and EU shift in energy strategy talk and posturing it is full steam ahead.

    Of course this article does not directly imply EU based wind companies will not source RE's from China - yet it is a very strong indication if not immediately but certainly in the future.
 
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