Where do you think USA is going to get its supply of rare earths? USA consumed 11000 tonnes of rare earths last year. Lynas' supply will be cheaper compared to China when tariffs kick in. And guess what? Lynas can afford to raise prices as much as the China supply + Tariffs. And for security of supply, Lynas can sign long term deal with USA companies. The good times begin for Lynas hopefully..
Trade Wars, page-3
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Last
$6.67 |
Change
-0.240(3.47%) |
Mkt cap ! $6.234B | |||
| Open | High | Low | Value | Volume |
| $6.74 | $6.77 | $6.62 | $47.96M | 7.165M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 97163 | $6.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.67 | 21971 | 4 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$6.65 |
Change
-0.240 ( 3.73 %) |
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| Open | High | Low | Volume | ||
| $6.73 | $6.76 | $6.62 | 951065 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| LYC (ASX) Chart |