And I'm only talking of about the rare earth permanent magnet applications applications of in motor vehicles, what about everything else changing on a Daily basis that will require these materials to expand !
Here Are All the Promises Automakers Have Made about Electric Cars
https://www.caranddriver.com/news/g35562831/ev-plans-automakers-timeline/
Roskill expects that rare earth permanent magnet applications represented 29% of total demand in 2020—the largest single end use—consuming a mixture of neodymium (Nd), praseodymium (Pr), dysprosium (Dy), along with other elements used at fillers such as cerium (Ce) and gadolinium (Gd).
https://www.greencarcongress.com/2021/02/20210203-roskill.html
My thoughts lean more to an undersupply of certain rare earths that IXR is lucky enough to be blessed with ! So when we talk demand and supply, we first need to understand what REE element we are talking about !
Car picture inserted for cool factor Lol !
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