The Metals Report: You’ve said that the ratio of natural gas to oil prices [see price charts below] represents the largest arbitrage opportunity in history. What does that mean for the future of transportation and rare earth element (REE) consumption?
Patrick Wong: This trillion-dollar arbitrage will bring a lot of momentum into the electrification of transportation. You need REEs to make the permanent magnets that go into the electric drive motors, so they have a key role. In 10 years, we’ll look back and recognize that this is the beginning of the end of a world dependent upon … [visit site to read more]
Similar posts:- Beware of False Claims About Rare Earth Metals: Bob Wolf The Critical Metals Report: Bob, at the Asian Metal Conference...
- EUR/JPY Hits 10-Year Low to start off the New Year Source: ForexYard EUR/JPY Hits 10-Year Low to start off...
- Foreign markets surge again! Where. Why. What to do. Martin here with a quick follow-up to last Monday’s...