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Kamikazebear

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29/05/24

14:05

Post #: 74064617
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Originally posted by Alexandria07: ↑

This is what an ASX REE company had to say today to its shareholders.....

"The past year has been a challenging one for the junior resources market generally and particularly for companies involved in the battery materials sector. The rare earths industry has been impacted by a price slump that has seen only the very largest producers remain profitable, with negative investor sentiment flowing down to developers and explorers alike.

Notwithstanding these macro-economic factors, we as a Board and Company remain extremely positive about the long-term market fundamentals, not just for rare earths, but for all metals that are essential for the global energy transition.

With production of electric vehicles, wind turbines, electronics, and Artificial Intelligence applications forecast to surge over the coming decades, it is predicted that this will drive supply shortfalls of key metals such as copper, lithium, zinc, and silver, as well as rare earths because of their geopolitical and strategic significance."

Looking forward to tomorrow's Webinar which may provide a timetable for plant construction and production.

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Interesting article about the future of quantum computing which data centres are already being built to contain need super cooling / heating efficiencies depending on location to operate successfully and the best cooling temperature controlling system's use ndpr magnets.

LIN Price at posting: 11.5¢ Sentiment: Buy Disclosure: Held
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Media Thread, page-235

Prospech finds dynamite heavy REE grades from historic core in Finland

Nanocap Pure Resources acquires Reedy Creek garnet project, WA

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To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

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Media Thread, page-235

Top Stories

Prospech finds dynamite heavy REE grades from historic core in Finland

Nanocap Pure Resources acquires Reedy Creek garnet project, WA

Trump is President Again: What Does This Mean for Crypto?

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

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