 having, they had the European angle, the American angle, the Norway angle. Please let me raise this being an entrepreneur the question, how can an European company compete with a Chinese company in that sector? They will always put pressure on prices. They make use of methods of mining, which we don't like, which we can't even accept for the future or couldn't do in the past. But how can a company, we'll talk about global governance. Let's jump one second on corporate governance. How can a company here act in this case? You're looking at me. I'm looking at you, Ingrid. Sorry. Because I see the founder of the company just in the front row here. So I would really have him to elaborate a little bit on that question because I think it's really important. Michael, you just rise up. It is, first of all, sitting on a reserve like that, which is in its magnitude. I mean, you talk on phosphate, on a phosphate rock, which is the largest in the world. It bears a lot of responsibility. And this is all about, as it says, global governance, global governance, corporate governance. So the responsibility of a company lays quite heavy. That means not only watching or looking into supply chains, but also to be mindful of mining, green mining. We talk about green transition from fossil into renewable energy. That means not only taking out the stuff of the ground, which are instrumental to the change from fossil into renewable energy, but also the way you take the stuff out of the ground. We follow, as a company, we have your responsible thinking company. We follow the ESG rules. We have it in our DNA. Having said that, you must picture one thing. Europe, with its car industry, has proclaimed that by 2030, it will only produce electric vehicle cars. The United States of America have proclaimed by 2030 50 percent of the cars that are being produced are battery cars. Japan, Toyota has two weeks ago announced they will invest $16 billion into the development of battery, et cetera, et cetera. The whole world is turning into batteries. Now, you can produce billions of batteries, but how do you fill those batteries with what kind of materials? Where do the materials come from? Materials will be scarce. I mean, it's difficult to supply all of these huge quantities into these batteries that are being going to be produced, and this bears lots, lots of responsibility. And if you are a company which sits on this kind of critical materials, you must be extremely careful and mindful when you take those materials out of the ground. And the ESG rules, the SDG rules, are giving a very good framework of that. Now speaking about China and Europe, China is clearly dominant in the supply of practical raw materials, and nobody wants to be dependent on one supplier, because this one supplier can play it out, politics can play it out in whatever manner. That means for Europe, but not only Europe, also about the Western world, we must try to be independent. And I'm not talking about going against China. It is stupid. It's just as a competitor in this sector as a reliable supplier, mindful supplier, following the ESG rules in the middle of Europe, I think we can play an important role, securing supply to critical raw materials, but also to be a player and an influencer on changing, on being a powerful force behind the change from fossil into renewable energy. Thank you very much for these insights. Unfortunately, I would love to continue discussing with this, but as I know that at least one of our guests has to continue to a next panel. Would you give us a 30 second of emotional end statement with you starting Peter? Then you can run. It's very much linked with the next subject, which is energy and climate and how you decarbonize industry and how you use hydrogen in a clean way, because all of these technologies, they depend on raw materials. And even the whole digitalization, we've been hearing lots of panels about digital. At the end of the day, it's machines, it's wires, it's satellites, it's stuff. Okay, so it's not dematerialized. And that's growing like this. Okay, so it's green and digital. There's a risk of competition between the two for the access to the materials. Thank you. Ingrid. Yes, I just wanted to add a point because as a former politician and now in business of Nordic mining, I will really give out the point of everybody saying it's not in my backyard, but we have a moral and ethical responsibility to do something about it and to do this together and see how we can elaborate or have the progress of CRM's use in the whole world and how we should do that is really, really important. And Nordic mining has struck in a way oil another time because this is really the new industrial importance of Norway to maintain as a resource contributor to the world, actually. But we need help. We need politicians that dare to say, yes, mining is a green solution for the energy transition and for the green batteries. Without the CRM's, we don't have the future that we really would like to have. So we need to have politicians that dare to go out and say, yes, this is something we want, but we also need the regulations. And we need to have taken into responsibility what we're actually doing. The CRM situation in Norway, it's a beautiful area. It's really devastating to think that we're going to dig a hole in it, but we need to do it for the very good. And please, let's keep that picture of dirty coal mining out of our heads. This is not the way we want mining to do. Yeah, just, you know, in the end, when the documents that I mentioned were formulated, they weren't just a national strategy. They formed the basis of cooperation between the executive branch in the United States and Congress to enact a whole series of legislations, including reorganize our defense department and so on and so forth. So when you set up this national strategy and you deal with these issues of critical raw materials and rare earth materials and so forth, there will be a whole series that unleashes a whole series of legislative efforts in the United States that then can govern the supply and purchase of raw materials globally that favor proper and responsible suppliers. So I think the key in the United States, which is always culturally, we are so obsessed with our sovereignty that it's very difficult in the United States to even raise the word global governance. It's usually an allergic reaction that you will get. But there are equivalent ways of establishing the same thing inside the United States through regulations that come from these national strategic documents, which are ultimately based on values, which is why I raised the values. So I think you start with that and you get the entire structure of the U.S. government, including the legal structures and the legislative structures in line. And then that really strangles business from doing improper and immoral things based on those values. Thank you very much and I'd like to close down this session. Thank you very much for joining us. And I would love to have that each of us who is still in that audience thinks of where in the next days where critical raw materials is part of our life. You wouldn't even imagine how frequently during the day you hit on these raw materials. Let's make them available as long as we want to have them and not other people forces us not having them. Thank you very much. I know that you all have to continue looking forward to have a dinner worth critical good food and hopefully a glass of wine.