LYC 2.15% $6.65 lynas rare earths limited

Should have searched first: The total control indicators for the...

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    Should have searched first:

    The total control indicators for the first batch of rare earth mining, smelting and separation in 2024 are 135,000 tons and 127,000 tons respectively . Compared with the first batch in 2023, they will increase by 12.5% and 10.4% respectively . Among them, light rare earthThe total mining volume index is 124,860 tons , an increase of 14.5% compared with the first batch in 2023. Medium and heavy rare earthsThe total mining volume index is 10,140 tons , a decrease of 7.3% compared with the first batch in 2023. All ionic rare earth indicators are obtained from China Rare Earth Co., Ltd. See table below for details.

    So for HRE a decrease of 7.3% compared with the first batch in 2023

    Was that sufficient to get punters chasing Shenghe over CNRE?

    Particularly given: On the evening of January 30, Shenghe Resources released its 2023 performance forecast. It is expected that the net profit attributable to the owners of the parent company in 2023 will be 300-390 million yuan, a year-on-year decrease of 75.53%-81.17%. ???
 
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