Don't take any notice of him he regurgitates past figures and has no insight to the EV revolution and the roll out of offshore wind farms that are taking place all over the world and the unfathomable demand for REEs required moving forward in the renewable future and the ESC requirements that cannot be produced by China or the tariffs that will be placed on them for their non compliance, he thinks this is all magical mythical nonsense as he does not look forward and only looks back.
US targets China rare earth magnets for possible tariffs, page-28
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