Good News and moving forward, page-110

No other response to to former corrections would suggest they were all in fact correct.

Your inability to know basics is concerning.
Saying all LREs are not in demand is illogical at best.
Cerium, lanthanum, samarium and scandium. are indeed low demand and relatively unwanted. This is the problem for the local competition in Greenland. Wrong REEs means sour outlook and projects struggling for viability..
Praseodymium and neodymium are the opposite in demand profile with very high future demand increase due. Check any report you find. This is due to EV production in the main.
Heres something for you to better digest whats going on here GBB pleasurably supplied by GGG in their recent investor presentation. What does it say to you that you clearly fail to understand?
Also unfortunately "to Chinese at a price they chose" isnt equating to the truth being "to Shenghe at market price as agreed under their MOU".


In one of its presentations, Greenland Minerals published a useful checklist of what the demand in 2025
for REEs might look like:
Wednesday, June 5, 2019
Hallgarten & Company – Portfolio Strategy Page 5
Around 70-75 million EV’s and HEV’s will be produced annually requiring between 12-13,000 tpa
of NdPrDy
135mn passenger vehicles will require approximately 10,000tpa REO (Ce) for catalytic
converters
‘Cracking’ 7.1bn bbl of oil will require 50,000 tpa REO (40,000t La, 10,000t Ce)
150,000t of NdPrDy will be needed for wind turbine production in the period to 2025
China’s wind power capacity will increase by 175% to 2025, this will require ~ 50,000t NdPrDy
To meet the goal agreed at the Paris climate change conference Europe will require 230GwH of
offshore wind capacity by 2045 – equivalent to 50,000t of NdPrDy