Auto industry is an important one for RE demand as it's the 1 key sector of the 5 that hasn't largely relocated to China. Hopefully a reliable ROW supply of Nd/Pr/Dy will sponsor ROW magnet producers to quickly develop into the automotive supply chain in Japan & the US particularly.
Tototy, given Toyota's tie in with Matamec I'm a little surprised we haven't seen any moves from the General, or even GE, particularly with their respective interests in EV?
Data I have suggests the US will overtake Japan as the biggest ROW RE market in the next couple of years. EU's moving thru Rhodia, Siemens & others, Japan thru Toyota, Sojitz, Shin Etsu & others but nothing from the US. Am I missing something?
LYC Price at posting:
63.0¢ Sentiment: LT Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)