EV news, page-1723

Great article. And yet idiots today are dumping their Lynas shares as if the company produced horse carriages ?????????????

Some key points:

1) Demand for rare earth elements could be three to seven times above current levels by 2040, according to the International Energy Agency.

2) “The upside trend [of China’s rare earths prices, output and exports] definitely will continue through 2022,” Yang said.

3) The global rare earths shortage could last until 2025 due to governments’ efforts to switch to low-carbon economies, Yang added.

4) Increased demand was reflected in a rare earths price index compiled by the Association of China Rare Earth Industry, which has jumped more than 85% from June 2021.