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.
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1 | 15000 | 6.350 |
2 | 260 | 6.340 |
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Price($) | Vol. | No. |
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