LYC 1.39% $6.56 lynas rare earths limited

EU muppet show

  1. 19,577 Posts.
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    Someone needs to remind these clowns it is 2021, more than a decade after their last panic attack REO/NdFeB, Lynas has been banging on doors across the EU offering NdPr to sponsor a domestic NdFeB supply chain for years, and with the basics already in place, metal making - Less Common Metals, UK & NdFeB - Vacuumschmelze, Germany Govt's have NO excuses.

    Lead in page is comical, make sure you have a bucket handy for the PDF, reality is Schaeffler has just come clean, EU won't be ready to attempt NdFeB manufacture for another 5 years, virtually all BEV PMM made in EU will be with Chinese mags.

    https://erma.eu/european-call-for-action/

    https://erma.eu/app/uploads/2021/09/01227816.pdf

    (don't forget the bucket)
 
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