Do you know why China has the largest foreign reserve in the world? Answer: Because they keep making money. Do you think that Chinese companies will keep doing business if they keep losing money? Answer: No
Fact: China controls around 80 per cent of RE supply in the world. I only say 80 per cent. Some sources say 90 per cent. If a country has a monopoly position, price can be controlled up and down. Back to the above premise: Do you think that Chinese companies want to keep losing money when they have a monopoly power? Answer: No.
Predicted outcome: Chinese companies will use their monopoly position to increase RE price. Why? Answer: They want to make money. Please wait and see.
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LYC
lynas rare earths limited
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$8.29

Why I invested money in LYC, page-8
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Last
$8.29 |
Change
0.010(0.12%) |
Mkt cap ! $7.754B |
Open | High | Low | Value | Volume |
$8.26 | $8.38 | $8.23 | $25.63M | 3.088M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2000 | $8.28 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.32 | 2500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2000 | 8.280 |
2 | 31741 | 8.260 |
1 | 9866 | 8.250 |
3 | 12791 | 8.240 |
3 | 1130 | 8.220 |
Price($) | Vol. | No. |
---|---|---|
8.320 | 2500 | 1 |
8.340 | 29286 | 2 |
8.350 | 11755 | 2 |
8.360 | 9944 | 1 |
8.370 | 3750 | 2 |
Last trade - 16.10pm 10/07/2025 (20 minute delay) ? |
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LYC (ASX) Chart |