ARU 3.70% 13.0¢ arafura rare earths ltd

Arafura Rare Earth, page-45

  1. 2,751 Posts.
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    Hi Steve,

    Yes, that is my thoughts. I wrote this to DC back in July. So 100% agree with your comment.

    Hi Darryl,

    Hot off the press....Mandated as legislation in the UK!

    Supply chain has just got tighter again.

    New legislation has just come into force requiring all UK car manufacturers to meet targets for new electric car sales. Link below.


    That means less and less NDPR available around the world as the demand is now mandated by goverment, and with most if not all on the western supply chain spoken for, they need to get in quick and pay the big $$$. Here is the timeline for the UK, which will set the precedence for other governments around the world.

    What is the ZEV mandate in the UK?
    The ZEV Mandate is a legal requirement for car manufacturers to meet targets for new EV sales in the UK.
    Annual ZEV Mandate targets to 2035
    1
    2024
    22%
    2
    2025
    28%
    3
    2026
    33%
    4
    2027
    38%
    5
    2028
    52%
    6
    2029
    66%
    7
    2030
    80%
    8
    2035
    100%

    Make them earn their offtake, as we are in demand, and supply is only getting more scare!

    Kind Regards

    Leigh Birch

 
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