LYC 0.29% $6.92 lynas rare earths limited

Lynas, China and strategic rare earths, page-45

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    It is interesting but yesterday GE announced a 20% reduction in its on shore wind development and it will be extended to EU. simple reason is it is not making money. Now the problems causing this will be fixed I have no doubt. It will take years. EVs will have there own problems as they grow. Biggest one is can the grid support the charging requitements. MA has fairly low EV penetration as compared to CA but charging is already becoming a problem during holiday weekends. To think any new tech has clear sailing for growth is always a big mistake.

    GE layoff: 20% of U.S. onshore wind workforce, hundreds of jobs (cnbc.com)
 
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