Barclay Pearce Capital
- Sep 2, 2024
- 3 min read
The Importance of Rare Earth Elements - 1 Min Podcast
In this episode, Matt Hartmann talks about the significance of Rare Earth Elements. Learn more about it in just 1 minute!
Explore the fascinating world of Rare Earth Elements (REE) with Matt Hartmann as he dives into their essential role in modern technologies. Learn how REEs are integral to innovations that shape our daily lives and discover why their demand is on a steady rise.
Follow Locksley Resources (ASX: LKY) to gain insights into the REE extraction process and its significant impact on today's business landscape.
Read the Conversation:
Matt Hartmann:
" But where do rare earth elements come into our day to day lives? Well, I, I think there are a lot of places you don't realize they are. Um, magnets in general are in almost every electrical motor that you use. Um, they're in a lot of different pieces, a lot of different hardware and components of the electronics that have come into use by everyone on a daily basis now, and that's only going to grow.
Um, so I think, I think there's a lot of opportunities for the reverse. I mean, if you look at the market overall, it fluctuates. We see, we see highs and lows, but overall the trend is on the up. Um, and we've seen that now for several years and I think it's only going to sustain in that same direction. Uh, so Locksley's position itself to get advantage of that, you know, these projects don't come online fast.
Um, if they came on fast, there wouldn't be much market for these, but, uh, they're difficult deposits to find and, uh, take time to get there. And so, We've lined this up. Um, hopefully we have some success and hopefully we are able to play in that in that market going forward."
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