LYC 0.91% $6.50 lynas rare earths limited

You are technically correct, with emphasis on 'lesser'. Norway...

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    You are technically correct, with emphasis on 'lesser'. Norway and Sweden use about 1% fossil fuel for the grid, which I see that as insignificant.

    https://hotcopper.com.au/data/attachments/1730/1730509-42a73567472d842b5bdb74238b6f4651.jpg
    (Nuclear: kärnkraft; Vattenkraft: hydro; Vindkraft: wind; Kraftvärme: biofuels, the 1% is somewhere in this category, but it's getting phased out)

    While that part of Europe is doing well, many Eu countries certainly have a lot of catching up to do:

    https://hotcopper.com.au/data/attachments/1730/1730514-931a56fb2738ce7ba0f9ed35a8ac21b0.jpg

    I'm very comfortable with the idea up more nuclear, but hopefully something new comes up to replace them all. But at least from a Scandinavian perspective (yeah I know, smaller populations), studies have shown the grid can keep up with electrification of cars - total adoption in Swe would use 13 TWhs extra, or slightly less than current windpower generation (which is rapidly growing):

    https://hotcopper.com.au/data/attachments/1730/1730532-8ca9eb803ae9873bf2018f722c43d1c4.jpg


    But yes, I'm not kidding myself, there are certainly challenges ahead. I'm just trying to be optimistic, both in terms of having a bit cleaner air and an increased demand for LYC products. I can't wait for Q1, which I think will be quite strong (far from full potential, but an inkling of it).

 
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