I like ARU. The main reason is that this company can not only...

I like ARU.

The main reason is that this company can not only eventually mine rare earths but also separate rare earths products in Australia. This is very attractive and not easily impacted by other countries to US investors.

NdPr is mainly used to make super strong permanent magnets, which are required for micro motors and electric vehicle power transmission systems. This makes ARU very attractive too. by 2030, 30% of vehicles will be EV.

We all know the rare earths is needed and the cost is going up regardless China is going to set the restrictions because the labor costs are also very expensive in China to separate the rare earths. Don't assume China is still a poor country and Chinese still earns USD$1000 a month.

According to the feasibility study published in Feb this year, Nolan's will produce 4,357 tons of NdPr oxide each year at an average cost of US$25.94kg for the first 23 years. This will make Arafura the 2nd largest NdPR producer outside China.

There is simply no reason for it not growing. Simply no one can stop it grow!