ARR and other REE stocks
None of the recent REE stocks I bought, have performed outstandingly. ASM has but it was bought and 'given' earlier this year.
Both ARR and REE have gone backwards. However, rather than despair, I call this a great opportunity to top up and I have been doing that. China's childish behaviour in punishing countries where the government has disagreed with its policies, means many technologically advance countries have to rely on their own source of material and that means... Australia. That includes lithium, too; the final product.
Korea and Japan were removed from China's customer list for REEs. And the US has become wary of its dependence on China for REEs. Meanwhile EU has in the last week formulated a policy on low coarbon lithium (with VUL as the main beneficiary).
Today, I collected another small parcel of an REE stock :-)
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