On the topic of paying premiums...
Western miners target China’s rare earth metals grip with premium prices
Link to Reuters Article
"Everything ultimately is about trade off," said Tim Harrison, managing director of Ionic Rare Earths. "If you want a product tied to sustainability metrics, minimizing carbon footprints etc, then obviously that is being delivered with cost and that needs to be reflected in the price that supply chain is prepared to pay," Harrison added."
The OEMs probably won't pay a higher price for stuff that they buy in high volumes, such as lithium," said Flavio Volpe, president of Automotive Parts Manufacturers Association, the lobby group that represents Canada's OEM producers of parts and equipment."
But for things like cobalt, copper, or rare earth metals there is a good strategic play to find with a mining partner." Volpe added.
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