LYC 1.63% $7.22 lynas rare earths limited

Here comes the Pump., page-28

  1. 207 Posts.
    You can find the answer of today's sudden LYC sp rise after reading these two articles:

    http://investorintel.com/rare-earth-intel/chinas-rare-earth-exports-tumble-january/

    "Global demand for Neodymium-Iron-Boron magnets is expected to increase significantly, led by strong demand in China. China is positioned as a particularly important market not only in terms of the level of growth in that country, but also in terms of raw material procurement. To realize medium-to-long term growth in its Neodymium-Iron-Boron magnet business, Hitachi Metals believes it is necessary to increase sales in China, along with the rest of the global market"

    http://finance.yahoo.com/news/news-rare-earth-production-rises-122136973.html

    Chinese REE demand UP -> Chinese REE export DOWN -> ROW REE demand UP -> ROW REE prices UP
    -> ROW REE production UP -> LYC REE sales .....
 
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$7.22
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