Here some interesting snippets from another article:
"MetalMiner, in previous rare earth MMI’s, touched on the fact that the world, as a whole, is rare earth rich. The problem lies in the difficulty in mining rare earths. Despite rare earth deposits being abundant, those deposits are widely scattered and mixed in with other naturally occurring metals like iron. As any rare earth expert will concur, this posts a serious challenge.
Pulling away from Chinese rare earth dependency and the push toward clean energy have worked together to alter the face of the global rare earth trade. The bottom line is this: the world needs rare earths for countless different things. Therefore, demand will remain high.
The rare earth price forecast could see a further short-term uptrend as these new trade initiatives solidify. Looking outside of China for rare earths could mean higher prices. However, it means less dependence on Chinese rare earths in the long run."
see: https://oilprice.com/Metals/Commodities/Will-Chinas-Rare-Earth-Dominance-Ever-Be-Challenged.html
And by the way the next, which I said in another thread, it is helpful for VML too, that the indicator price for neodymium has been slowly but steadily increasing again since sept 2022
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Last
0.4¢ |
Change
0.001(14.3%) |
Mkt cap ! $20.63M |
Open | High | Low | Value | Volume |
0.3¢ | 0.4¢ | 0.3¢ | $1.861K | 562.7K |
Buyers (Bids)
No. | Vol. | Price($) |
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84 | 53770927 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.4¢ | 24408954 | 60 |
View Market Depth
No. | Vol. | Price($) |
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86 | 54057715 | 0.003 |
27 | 46605724 | 0.002 |
9 | 55700101 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.004 | 24237332 | 60 |
0.005 | 22934183 | 62 |
0.006 | 6397070 | 22 |
0.007 | 6206445 | 13 |
0.008 | 750000 | 1 |
Last trade - 15.59pm 30/05/2024 (20 minute delay) ? |
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Last
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Change
0.001 ( 16.7 %) |
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Open | High | Low | Volume | ||
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Last updated 14.03pm 30/05/2024 ? |
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