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But it is the switch to neodymium by Tesla, an auto maker that has staked its future solely on the electric vehicle, that is showing the way the industry is moving and the direction of demand for the rare earth metal.
Research group imarc estimates the market for the neodymium-iron-boron magnet used in the motors is now worth more than $11.3 billion, with demand for the magnets rising at a compound annual growth rate of 8.5 percent between 2010 and 2017.(For a graphic on Neodymium market balance click reut.rs/2FD6bUb)
“Some electric car motors use the permanent magnet technology, probably the most famous is the Tesla Model 3 Long Range. All the other Tesla models — Model X and Model 3 standard — use induction motors,” said David Merriman, a senior analyst at metals consultancy Roskill.
Global demand of 31,700 tonnes for neodymium last year already outstripped supply by 3,300 tonnes, he said. Demand was expected to climb to 34,200 tonnes this year and 38,800 tonnes in 2019, leaving larger deficits.
“Tesla’s decision to switch to permanent magnets has completely changed the dynamics of the market,” said a source at a fund manager that specializes in metals.

This vehicle alone will fuel surge in demand for Neodymium

https://www.reuters.com/article/us-metals-autos-neodymium-analysis/teslas-electric-motor-shift-to-spur-demand-for-rare-earth-neodymium-idUSKCN1GO28I

https://stargazerslounge.com/topic/186178-lanthanum-glass-whats-so-special-about-it/

https://www.bing.com/images/search?view=detailV2&id=FD45AC5964BEA45BE7217A40A0B2D9C19697D803&thid=OIP.XsAC9CUo6h0YMnsp-M0V1gHaHa&mediaurl=http%3A%2F%2Fdmcrystal.com%2Fwp-content%2Fuploads%2F2017%2F01%2F3-in-1-LED-Lens-Flash-Light-Mobile-Phone-Lenses-5-790x790.jpg&exph=790&expw=790&q=lanthanum+in+smartphone+lens&selectedindex=9&ajaxhist=0&vt=0&eim=1,6

for sure today imo

As ive stated this could prompt Thyssen Krupp to move to an outright bid or even a totally off the wall bid from someone like Apple.

https://www.thyssenkrupp.com/en/newsroom/press-releases/press-release-48334.html

Hello work it out

RBW has worlds highest grades and producing. 28.9p highest target for this pattern

My advice, if you're in and you don't need th e money soon, sit on your hands cos this looks like it will play out to 19p in the next few sessions. (DYOR).

If you're not in see research already posted and Google what this trade war is all about (hint: its not ending any time soon!)

BANG ON This is why I compare this to Bitcoin and Tulip Mania

Rare earth minerals are Rare for a reason!!!!!

https://www.theguardian.com/business/2019/may/29/us-china-trade-what-are-rare-earth-metals-and-whats-the-dispute

Which consumer products are at risk?
Rare-earth elements have helped make consumer electronics such as computers and smartphones lighter, smaller and more efficient.
The consumer goods giant Apple, for example, is dependent on rare earths for component parts including cameras and speakers, and says the elements are hard to recover in the recycling process because they appear in such small quantities in the original products.
They are also required for rechargeable batteries used in electric cars and are used in the manufacture of televisions.

If this increased 10 fold from todays £10 million valuation to £100 million

Compared to £140 billion market value of bitcoin

RBW would be 0.07% the value of bitcoin today.

However today at £10 million its 0.007% the value of bitcoin

IMO THIS IS THE BUY OF THE YEAR

versus the Dutch Tulip mania.

No contest Rare earth minerals have a finite supply controlled mainly by a controlling state China!

Plus they have a growing demand EV, Wind Power, smart devices ect ect

Imagine if Rare Earth Minerals actually became the next Tulip frenzy

Think bitcoin, Tulips and now today REM's

This could become a billion dollar firm and frankly I wouldnt protest at all.

Ask yourself this:

1. What actually does Bitcoin do?
2. Besides looking nice what do Tulips do?
3. What do rare earth minerals do? EV Autos, Smart Devices, Wind Power, Military and Space ect ect ect. Try taking your a smart phone away from your children for the day. I think we agree the future is bright here at RBW

had a rare earth article which highlighted Berundi as Africa only REM producer also mentioned RBW

Amazing how much clout china has and if the Chinese bid for RBW it would be even more. Surely Thyssen Krupp must be thinking hey lets snap up RBW now just in case??

IGNORE ME!!!!

You fool how dare you!

If folks listened to me two days ago they could be in RBW up 22% today instead of watching this can get kicked further down the road.

theyre shortly going to update on that if you read the last Q3 ops update:

"Our project is exceptional and is one of the highest-grade mines of its type in the world. We have been working hard at developing a short-term strategy to: (i) maximise concentrate production from the high grade veins through the acquisition of new fit-for-purpose mining vehicles and the development of multiple mining areas; (ii) develop the upside potential of the large lower-grade Resource at Kiyenzi for future mining; and (iii) progress our investigation into the feasibility of further processing our concentrate, in order to significantly increase our economic participation in the rare earth value chain in the future."

that little pullback this is going much higher imo

Five things I believe will lead to major rerate:

1. Phillip Valliere, Lind Partners Managing Director, said: "Lind believes Rainbow is at a critical inflection point and offers a unique investment opportunity: it's in production, has a long term sales contract and plans to expand production in the near term."

2. Martin Eales, CEO of Rainbow, said: "We are pleased to announce the maiden JORC-compliant Mineral Resource Estimate for the Gakara project, on time and on budget. The Mineral Resource, which is based on only four out of the 28 identified targets within our licence, shows over 1.2 million tonnes of ore, a considerable deposit in its own right, and provides further evidence that the Gakara deposit is a world-class source of rare earth oxides.

3. The rare earths sector has seen considerable interest in recent weeks following an unsolicited bid for Australian company, Lynas Corporation, which is currently the only other listed rare earths mining company producing commercially outside of China, illustrating the global strategic importance of non Chinese sources of rare earths.

4. The Gakara basket is weighted heavily towards the magnet rare earths, including neodymium and praseodymium, which are driving demand and account for 70% of annual global REE sales due to their use in vital components in motors, generators, wind turbines, and electric vehicles. EV!!!!

5. Off take agreement with Thyssen Krupp say no more!!! https://www.thyssenkrupp-materials.co.uk/company/

with firms like XTR every single shareholder should sell. Let Colin Bird build a business ON HIS OWN TWO FEET.

Then when he has a midcap mining firm 'cough cough' and come to market with REAL INCOME AND REAL PROFITS

We can all say well done lets invest at say xxx for annual dividend of xxx hoping for future growth.

BUT BUT BUT

Get this that aint gonna happen in my opinion because past performance has shown time and again the management cant do that they have repeatedly failed to do that and SURVIVE by literally tapping investors every time the pot is empty.

Seriously wake up and smell it guys!

daz please try not to take this game as a personal attack but the fact is the XTR has literally wiped out and diluted shareholders so many times in the past they might just as well have gone out and blown it at the casino.
This firm has no regard for yours or my wealth preservation only paying their over inflated wages IMO!

Last results show
? Administrative and operating expenses of £1.65m (2017: £1.06m)

WHO GOT £1.65 million SERIOUSLY WHO? Colin Bird, The cleaner, The portaloo person?

They had £1.65 million administrative and operating expenses yet gross revenue was a tiddly sum half those costs.

This firm is a joke!

MKA has higher mcap than RBW yet we are selling and have lots upside!

CEO Statement

As one of only two listed RE companies that is producing commercially outside China, and as the only RE producer in Africa, the fundamentals of our potential world-class, high-grade asset remain strong. Given that demand for REs (particularly those used in the manufacture of rare earth magnets) is expected to rise in response to the increase in production of electric vehicles ('EVs'), we are excited about the future. From a production perspective, the six months ended 31 December 2018 were challenging, particularly from the operation's first pit, Gasagwe, which has provided almost all the ore mined from the Gakara project to date. However, looking ahead, we have begun to address the teething issues and are now focused on increasing production from new mining areas, targeting near-term positive EBITDA and becoming a key strategic supplier to the market.