More heat in the rare earths sector? An extract from an NTU update today https://www.asx.com.au/asxpdf/20190409/pdf/4445d5jcg44ndm.pdf
"Over the past month, there has been seriously positive moves in the dysprosium price, with the reported price per kilogram increasing by circa 20% in this period.Source: Asian Metals. There has also been a positive sign from slight upward moves in the price of terbium over the same period, however not to the same extent as dysprosium.
Sector focus . There was some welcome investor focus on the rare earth sector recently, with Western Australian Wesfarmers’ takeover tilt for Lynas.The proposed takeover, by one of Australia’s largest companies, has shone a spotlight on the rare earth sector in general. Of course, the Lynas takeover offer does not itself give any indication that a takeover offer may be made for the Company" My italics.
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