General Chat / Discussion, page-9716

100%

The global economy is slowly moving the pendulum, toward a local supply chain in many commodities and industries.

In particular Canada, the US, and the EU.

And they are beginning this by fighting the Chinese at their own game...subsidies, tariffs, state sponsored projects, grants...etc...

This is the game that China has played for decades, to make things so cheap, that most economies had no choice but to shift their dependancy to China.

This awakening, will happen first with the most critical sectors which deal in sovereign capabilities and defence, then spread to other industries that many big economies heavily depend on for their GDP.

In respect to rare earths and IXR, this is of course the military and defence angle, followed by the the auto industries of the UK/Germany/Italy/France and the US/Canada.

All big employers, all big contributors to GDP, and all affected by protectionist industries in China, including rare earths, lithium, the auto sector and defence.

I think we are at a tipping point for IXR, where will see some action coming our way firstly from the UK, then EU and finally US.

The feasability study for Belfast will hopefully the piece of the puzzle which will validate the metrics, and will begin the funding, investment and offtakes that will take us to commercialisation.