LYC 0.26% $7.67 lynas rare earths limited

8,500 tpa for 10 years = $300.000.000 pa

  1. 1,359 Posts.
    thats what we know. lynas and "japan" signed a contract in nov 2010 and japan ordered 8,500 tpa ree's and they have to pay $300.000.000 pa = ~ $35 per kg ree and the contract runs for 10 years. thats the bottom price. it doesnt matter if the basketprice goes below $ 30...or even lower

    so, lynas will earn, over the next 10 years, $ 3.000.000.000 = $ 3 Billion! not bad, right?

    http://www.proactiveinvestors.com.au/companies/news/11974/lynas-corporation-and-japan-sign-rare-earth-agreement-supply-30-of-annual-demand-11974.html

    and there are other contracts, basf, locals, ...malaysian domestic use

    if i'm not mistaken

 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$7.67
Change
-0.020(0.26%)
Mkt cap ! $7.169B
Open High Low Value Volume
$7.72 $7.94 $7.50 $23.53M 3.062M

Buyers (Bids)

No. Vol. Price($)
1 10000 $7.65
 

Sellers (Offers)

Price($) Vol. No.
$7.68 16724 2
View Market Depth
Last trade - 16.10pm 08/10/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.