Yes they will and it has been predicted for many years. What allows them to do this well ahead of everybody except maybe ICE land?
It is simple almost all their electric is hydro electric and totally clean Iceland is the same but Hydro and geo thermal. Norway has many plants so they do not need an extensive grid. Norway has 5.5M people with 2.8 M cars registered. I do not think Norway or ice land are good countries to use to predict future spread. Do you?First NdPr was almost 630 RMB / KG 44 months ago. It is not going UP or down It is just bouncing around. If you want to keep people informed why not just say up to day and give link? https://www.metal.com/Rare-Earth-Oxides Why waste all the space. I have said many times that Lynas will have great profits at 500 RMB / KG. Will still be profitable at 400 RMB / KG. 33% change from today. Why do you post entire chart for every tinny change. JMO At least wait for a 15% change.
What is your prediction for Q1 Revenue? Mine is 125 to 140 M now that is far more important. Do you know why I predict such a strong fall in revenue from 186M Q4 with prices going up? I have said it many times. Read Q4 report and section A of AR notes and you should have no problems understanding why. You may not agree, you should at least understand the logic and be able to disagree with it. Now that would be a contribution.
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