Supply chain certainty has just got tighter, and ARU's grip on the NdPr industry has just got stronger!
Now, with the UK mandating EV sales as per the article: ZEV mandate: 22% of new cars must be electric this year | What Car?New legislation has just come into force requiring all UK car manufacturers to meet targets for new electric car sales
This means that the ZERO EMISSION VEHICLE (ZEV), must be at 22% by 2024 (up from the 16%, and there is no longer a trend but a compulsory trajectory. Now with zero supply of NDPR available on the western supply chain. This makes ARU' Product and pricing at significant heights.
Annual ZEV Mandate targets to 2035
2024 - 22%
2025 - 28%
2026 - 33%
2027 - 38%
2028 - 52%
2029 - 66%
2030 - 80%
2035 - 100%
I for one am very excited to see what the strategic equity piece is...ARU is in fortunate position of strength. That gets better with every day that passes.
Supply chain certainty has just got tighter, and ARU's grip on...
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Last
16.0¢ |
Change
-0.005(3.03%) |
Mkt cap ! $383.8M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 16.0¢ | $245.7K | 1.529M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 333293 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 877689 | 15 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| ARU (ASX) Chart |