An article in MarketWatch raises the above question after discussing vaning fortunes of the Danish wind turbine maker. Emerging competitors might have the muscle at current prices, but have thus far preferred to grow organically.
On the positive side for Vestas (OMX:VWS), REE metals price increase does not have as material an effect on its business than on some peers, albeit Vestas is also bringing more REE intensive models onto the market. So far Vestas stock has maintained gains after the large orders last Friday but is still sitting near five-year low.
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