LYC 0.69% $6.52 lynas rare earths limited

Yes - the ASP (for all oxides) during the half year was AUD...

  1. 989 Posts.
    Yes - the ASP (for all oxides) during the half year was AUD $18.48/kg REO. Since other rare earth oxides are much cheaper (like Cerium Oxide) it brings the ASP price down (from just looking at NdPr Oxide prices).

    The most important REO (as far as price is concerned) is NdPr Oxide and Lynas is selling everything they produce.

    Lynas produces much more Cerium Oxide than any other REO (that's why it's so cheap). I'm still waiting for Cerium Oxide to start climbing again soon - and why I keep an eye out for new uses for Cerium, like the new Cerium Aluminum alloy that Eck Industries is producing (with the help of the US government) and the new Cerium boicide that BASF (which is a Lynas customer) is researching and hopefully will start producing for ships (and other uses) in the near future.
 
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