Concerns remain, France remains separated from innovative Belfast by two seas and 'perfidious Albion'. The predicted election loss in the UK by the Conservative and Unionist Party will diminish any danger to the Windsor Framework, so Belfast should remain privileged in EU trade terms.
Whether the EU and US car industry will survive long term, despite being uneconomically protected, against Chinese manufacturing efficiency remains to be seen.Apparently Chinese EVs being diverted to Brazil which presumably was a former market for US ICEs. China remains Brazil's main trading partner.
Mountain Pass has hard rock resources, but no processing and Lynas has yet to build its US heavy rare earth processing plant.
Uganda will likely share in forecast African growth and that combined with the prescient master strokes of not only acquiring the Belfast plant and IP and then the Brazilian investment and following JV indicate a promising future.
So, it is surprising that the disgruntling placement was handled without 'reading the shareholder room'.
IXR Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held
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