Future Supply Gap, page-11

Interesting news on Friday about the supply gap and China quotas, with both links below shared on the ARU twitter feed.

https://www.reuters.com/article/us-china-rareearths-quotas-idUSKCN1QW1DF

https://twitter.com/AdamasIntel/status/1106476884718702597

Given the chinese have lowered their quote targets substantially, this might be a significant moment in time, where a signal has been given to the market that China can no longer be relied upon for rare earths and other supply options must be secured.

This couldn't have come at a better time for ARU, prices for rare earths will likely increase off the back of this, there could be a rush to secure offtake agreements with ARU, both factors if they play out should substantially enhance our financing and debt (including NT Govt) arrangements to get the mine off the ground.

Exciting times ahead!