LYC 2.37% $7.78 lynas rare earths limited

and now for something completely different, page-67

  1. 12,484 Posts.
    lightbulb Created with Sketch. 6
    The REE extraction and refining industry needs to establish itself as a reliable supplier to the western world so that manufacturers aren't concerned with substitute technologies. They are not exactly off to a flying start.

    There are some mainstream applications for which there are currently no obvious alternatives - such as high power magnets with either Nyodymium or Samarium. However as people have pointed out, manufacturers such as Tesla and Toyota have developed substitute technology that doesn't need high powered magnets. Take Nyodymium out of the equation and LREE deposits don't look so attractive.



    Praseo - I've reread these posts in a different light and you obviously have insight in training and construction in Malaysia. I regret and apologise for my unwarranted accusation of racism.
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$7.78
Change
0.180(2.37%)
Mkt cap ! $7.272B
Open High Low Value Volume
$7.45 $7.92 $7.41 $46.84M 6.050M

Buyers (Bids)

No. Vol. Price($)
1 1000 $7.75
 

Sellers (Offers)

Price($) Vol. No.
$7.81 77676 2
View Market Depth
Last trade - 16.10pm 01/11/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.