https://watcher.guru/news/5-new-countries-to-join-and-adopt-brics...

https://watcher.guru/news/5-new-countries-to-join-and-adopt-brics-currency-in-2023

in the scheme of things, id say reducing our fossil fuel supply, if Saudi export to China, will only push the west into a non fossil fuel economy. Expect with the increased risk of having a war with BRIC signatories, this new alliance has to play into Lynas hands with the wester countries collaborating on renewables. Pity though the renewable push in Australia is destroying our manufacturing and peoples living standards as a result of huge energy costs. If other western countries are doing what Australia is doing IMO there will be war. Russia is building more pipelines for gas to the stan countries into China, due to their alliance with Iran, via the Caucasas also. But whilst Russia, China and the middle east realise the need to use fossil fuels in parallel
with renewables the west are hell bent on shooting ourselves in the foot destroying power stations near bi annually creating idiculous energy costs to the point of unaffordability and IMO creating sovereign risk. India is contracting to buy Russian gas from the Iran,Caucausas pipeline too, yet we trust them in our QUAD. Go figure. The millenium generation in western countries will make sure Lynas will be a very significant company by 2030 voting teals and left wing parties. With assistance from the ABC wherever possible. We lyc holders are in a great position, arent we. But as an Australian nation IMO we are going down a dangerous path. Long term holder of Lynas shares with the above geopolitics and resource agreements with BRICS, you bet.