It’s pretty simple stuff really isn’t it? IMO those graphs will prove to be pretty conservative - NdPr use will skyrocket due to EV alone. The only thing holding EV sales back now is a lack of supply to due battery manufacturing bottlenecks. 110 battery gigafactories will take care of that. Order books are full at Tesla and going up by the week. Car manufacturers are worried because they now realise Tesla is 5 years in front. VW knows its game on. Nolans needs to come on stream by 2023 to keep supply up with demand moving forward. We’re well positioned time wise in the cycle to get the go ahead later this year.
GLTAH
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