LYC 0.53% $6.53 lynas rare earths limited

" Discussions in Cornwall this weekend are expected to centre...

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    " Discussions in Cornwall this weekend are expected to centre around restricting internal combustion engine (ICE) vehicle sales, with Germany and the UK having already committed to banning new sales by 2030. Japan is currently targeting 2035, while France, Canada and the US plan to ban sales by 2040. Italy is the only member of the G7 that has yet to make a commitment on this front. The UK is expected to push for a multilateral agreement for 2030, ahead of its chairmanship of the COP 26 later this year."

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    The report also warns that China could just as easily dump battery materials into the global market to reduce international competition because of its current advantages. It makes clear that Biden has a responsibility to act to prevent rivals, mainly China, from controlling a vital part of the future transport network, but recommendations in a report are easy to make, more difficult to deliver."


    G7 viewpoint: EV push faces upstream challenges (argusmedia.com)
 
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