LYC 1.31% $6.04 lynas rare earths limited

I agree 100%. quoted from the neeting with the Mongolian Vice...

  1. 477 Posts.
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    I agree 100%.

    quoted from the neeting with the Mongolian Vice President:

    “The many discussions that we’ve had over the last few days were talking about specific areas where we can help Mongolia understand what it has, ways where it can extract it, and ways where it can produce it,” the official said.

    “We certainly are eager to help the Mongolians find creative solutions by which it can help take more control over mining, exploring, extracting and producing critical minerals and rare earth elements.”

    Asked about how to ensure that Mongolia could exporting such commodities without hindrance, the official said it was in a “tough geopolitical situation”, being landlocked. “So we talked about … very creative ways where we can get that … available to the market.”

    Rare earths and copper are vital for high-tech applications, including defense equipment, and for US President Joe Biden’s efforts to electrify the auto market to help stave off climate change.

    Russia will blockage any transfer of RE, and China will insist to buy it, now Burma is limiting cross border sales.

    This will never happen, and flying it will be difficult as their national fleet of (6) planes are not rated for ETOPS.

    Luckily for us here in the USA, Yak Butter may be becomming a thing...
    https://hotcopper.com.au/data/attachments/5487/5487058-9b354ebf605ab3f22701045e5405237b.jpg
 
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