Investor Presentaiton
Rare Earths Demand Outlook (Deficit Looming)
Rare earths - key investment considerations
Rare earths within EVs
Nexus to decarbonisation
Rapid growth supported by accelerated
demand for EV and wind turbines
Limited substitution technologies
Rare earth magnet motors >5x magnetic
strength relative to induction motors
Price elasticity
Rare earths relatively small proportion of
overall cost of an EV
Anticipated growth in metal
demand (2021 to 2030)
Contained value of
metal within EV (US$)
Lithium
Natural Graphite
Cobalt
Rare Earths
7.0x
239
4.0x
985
3.0x
562
Nickel
2.0x
1,139
Copper
2.0x
1,462
Content modified from Peak Rare Earths Limited ASX Announcement 6 February 2023 - "Presentation Mining Indaba Conference"
Prospect Resources
11.0x 1,462
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