Some of the more “interesting” comments being posted on the wannabe RE producer forums.
”Hyundai have around 1.6M cars they want to roll out in 2027. So that aligns exactly with the amount of offtake they seek from ARU.ie they need 1.6M tonnes of NdPr Oxide as this converts to around 3.2M tonnes of magnet. Exactly the amount Hyundai/Kia need in 2027 for their planned production. I have based this calculation on the average amount of 2kg of permanent magnet per vehicle.”
LYC Price at posting:
$5.93 Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)