ASM Zirconium part is 1/3rd of MC.
Metal Business is 1/3rd
RE business is 1/3rd
So while comparing with other RE producers, current MC for RE part only equates to 220m.
Nd & Pr are not in short supply. Dy & Tb are in short supply. Even China foresees great shortfall in Dy & Tb. Hence Dy & Tb prices are increasing.
For ASM , HREE component of Dy & Tb, Ho, Hf, Gd prices are on a tear, while LREE Nd & Pr are not.
HREE component constitutes more than 60% to basket price for ASM.
When Chinese companies seek to acquire stake in overseas RE stocks, they are only looking at Dy & Tb component as they have enough of LREE, but HREE they see shortage even in China in coming years. Will try to look for articles and post.
ASM Chart Thread, page-79
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Last
80.5¢ |
Change
-0.015(1.83%) |
Mkt cap ! $145.8M | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 83.0¢ | 79.0¢ | $384.5K | 476.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11039 | 79.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.5¢ | 36943 | 2 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| ASM (ASX) Chart |