LTL the Siemens insight is very good TU.
In my view the science of these 17 elements is the key issue. The supply is the key to application.
One cannot proceed with out the other. Siemens has a vast pool of material scientists. Technology is always demanding applications with new properties. New science produces new properties from elements.
We cannot produce new elements.
The 'Rare' name is now becoming a hindrance rather than a convenience. This convenience does not apply to the rarity of applications! As the science increases the applications of this group will increase. Clearly Siemens is in there and hedging its strategy (not financial). Apply, supply or find substitutes but the properties are the unique differentiator of these elements.
We do not say Rare Oil or Rare Graphite or Rare Vanadium! But we need these resources. Constancy of supply has not made investors poor.
My view is that of a long term investor.
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