Another day, more great news for ARU’s purposes.
From a shareholder perspective. That does nothing to stop/ or help with the supply deficit on the western supply path. In fact, it concretes the decoupling, and may add more supply requirements to the western side.
From a Rare Earth perspective, China made/supplied their own rare earths for EV’s, so this doesn’t change. But the European rare earths for the Euro vehicles required 100% rare earths from China. With policy announced two weeks ago. We already knew a definite 35% of that amount was coming to the western supply chain. This new policy change from the Chinese potentially adds more, given the stressed relations.
The modeling of 70% supply deficit on the western supply front is growing larger each week that passes.
The perfect storm!!
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