Interesting article to day about F35 purchases being cut in half by DOD. I have not done the calculations below. Maybe someone who keeps saying this will lead to higher REE prices can do them to make their case in stead of just saying it, it would help prove it. Total PMs in F35s produce times # of units per year. Total PMs in drones Produced / YR outside of China Total PMs used in EVs and hybrids / yr. made outside of China Total Pms used in Wind turbines Per year. outside of China Large volume per unit does not mean large total volume Hope you get the picture. I know it is not over yet but trend https://thearabianpost.com/f-35-procurement-halved-as-pentagon-reprioritises-budget/
LYC Price at posting:
$8.60 Sentiment: Sell Disclosure: Not Held
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