ARR 1.75% 29.0¢ american rare earths limited

This may impact pace of Western EV adoption, which is stalling...

  1. 451 Posts.
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    This may impact pace of Western EV adoption, which is stalling for various reasons atm, increasing end product costs, while reducing demand for critical minerals in the short term, lowering prices of the likes of BYD and other Chinese EV manufactuers cars against say Tesla. The sword cuts both ways! However, in saying that this is yet another accelrant driving western sorced materials and processing supply chains. This negatively impacts MP in particular, which has just began producing small quantities of NdPrO with Chinese shareholder Shenghe Resources 7.7% position, and deep fundamental Chinese ties. This now puts pressure on Shenghe and or other Chinese parties to increase their ownership in MP to the stated 25% or higher, and fuels more tension within the rapidly consolidating western critical minerals sector, accelrating China's believed timeline for restricting exports to the west of from critical and vital minerals processing and end products including but not limited to cobalt, lithium, rare earths and elements like gallium, germanium and graphite which were abruptly banned last year. Short term pain, long term gain. Another avenue/win for ARR IMO.
 
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