From Fattail
Lithium was certainly one of the best investment trends of 2022, and it hasn’t slowed down yet. But it’s not the only winner, other crucial materials like rare earths are also poised to benefit from the EV boom.
Take Arafura Rare Earths [ASX:ARU], for example. This rare earth explorer has rocketed 594% higher over the past five years as the market has cottoned on to the huge potential ahead of it. The company’s promising project north of Alice Springs could turn them into one of the biggest rare earth producers in the world.It has already cemented them a supply deal with Hyundai, and I wouldn’t be shocked if more automakers seek them out in future.That’s just one example of the many stocks thriving from this EV revolution.
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Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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33 | 1685549 | 0.165 |
40 | 1446087 | 0.160 |
28 | 2177717 | 0.155 |
56 | 1577945 | 0.150 |
Price($) | Vol. | No. |
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0.175 | 144195 | 4 |
0.180 | 1717146 | 34 |
0.185 | 1488822 | 32 |
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