I’m still coming to grips with the power of this tariff!!
Essentially it means ARU no longer needs to review the spot price. Why? We have combination of 25% increase in price above whatever the spot price, that could be achieved by selling into the US (thereby creating competition for demand from the west), and also a 10% reduction in processing costs as per the budget released on Tuesday.
https://investornews.com/critical-minerals-rare-earths/us-tariff-policy-towards-china-designed-to-alter-competitive-landscape-for-graphite-and-magnet-materials/
An amazing outcome that is underplayed at the moment.
Our SP went up by 1-2c, which means the news hasn’t been factored in at all…as this represents immunity from difficult trading years during a low price cycle. Couple this information with the Phosphoric acid credit.
The question remains? How well will the board play this information, hopefully they redo contracts further in our favour?
- Forums
- ASX - By Stock
- A summary of ARAFURA given recent policy
I’m still coming to grips with the power of this tariff!!...
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ARU (ASX) to my watchlist
(20min delay)
|
|||||
Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $427.4M |
Open | High | Low | Value | Volume |
19.0¢ | 19.0¢ | 17.5¢ | $2.500M | 13.76M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 1021993 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 236133 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 1021993 | 0.180 |
40 | 2038057 | 0.175 |
29 | 1740555 | 0.170 |
15 | 1034937 | 0.165 |
21 | 1032303 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 236133 | 4 |
0.190 | 1123424 | 18 |
0.195 | 1424846 | 23 |
0.200 | 2040069 | 42 |
0.205 | 3423918 | 29 |
Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
|
|||||
Last
18.3¢ |
  |
Change
-0.005 ( 2.67 %) |
|||
Open | High | Low | Volume | ||
19.0¢ | 19.0¢ | 17.5¢ | 6996745 | ||
Last updated 15.59pm 05/06/2024 ? |
Featured News
ARU (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
Previous Video
Next Video
SPONSORED BY The Market Online