RE:RE:Tesla Consumed More Lithium Than Next 4 Brands CombinedEV market expanding for sure, but with the cost of EV's and cost today to replace batteries after 6/10 years, the average " middle class " consumer can't, or won't be able to afford one.
we are definitely going to see a surge in ownership of EV's short term, but until the price drops by 30+%, we will not need new "rare earth metals" in the volume everyone speaks of.
The Rose project has the goods, but maybe, just maybe, we are too late to the party for the time being. That is why the permits are taking so long. Why permit a mine that won't help the environment, or enhance the Quebec coffers without any place/contract to sell the product to.
I'm a long time shareholder and plan on keeping my shares, but thinking outside the box doesn't hurt once in awhile.
I am one of the so called " middle class" and there is no way I can afford a 60+ grand EV. Cheaper EV's are tin can junk and the junk yard will be full of them in 10 years.