ARU 3.13% 15.5¢ arafura rare earths ltd

the race is on, page-2

  1. 2,266 Posts.
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    Good spot Bell, I like this part "Toyota and Honda are well known for, and respected for, making long term plans to insure themselves against the risk of non-supply of critical raw materials. A million and a half NiMH powered hybrids a year represents $40 billion dollars a year of product a year. For less money than it is now spending on building the plants to make a million NiMH batteries a year Toyota, for example, could fund all the way to full production Great Western Mineral Group [TSX-V:GWG], Avalon Ventures [TSX-V:AVL], Lynas [ASX:LYC] and Arafura [ASX:ARU]; it would thus assure itself of a non-Chinese supply of light rare earths which would make the company not only self-sufficient but able to ramp up production, using internal supplies, to the 2 million hybrids a year projected, by GM, to be the total global market for such vehicles in 2014."

    I think LYC is all tied up but ARU is looking?

 
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