LoL It shows how much ignorance is out there regarding the 17 REE (rear earths elements). Some Journalists mix elements for the green revolution of which Ukraine is rich like lithium or carbon as part of the REE. I bet that even Trump does not know the difference
Investing in this share feels like a perennial Rolle coaster that goes more down than up. Let's hope that they will start to sell some Neodymium Magnets soon as for now the company has raised lots of money but produce some bitter Malawi Jam and some UK, German, American Magnet Jam
"Last month, antimony prices soared 40% in a matter of days after China banned exports to the United States of several critical minerals. China enforced the existing limits on antimony, gallium, germanium, critical minerals that have widespread military applications ahead of President-elect Donald Trump taking office. "
"And now reports have emerged that Beijing is getting ready to pull off a similar move in the lithium sector."
"According to the United States Geological Survey, China accounts for 70% of global rare earth mining and 90% of refined output. Unfortunately, decoupling from China’s sprawling renewable energy sector is proving to be easier said than done with the country tightening its grip on the industry. The Middle Kingdom is using its overwhelming dominance in rare earth elements (REE’s) and critical clean energy minerals to kick out Western competitors and protect its market share."