PEK 0.00% 21.0¢ peak rare earths limited

china to increase rare earth purchase , page-2

  1. 3,237 Posts.
    Great post sydney6791,

    What is of significant relevance to Peak is the following ..

    "Liu Yinan, vice-chairman of the China Chamber of Commerce of Metals, Minerals and Chemicals Importers and Exporters, said on Sept 13 that the country's light rare-earth reserves are sufficient for at least 100 years."

    ... so now we know that in about 100 years time after China has depleted its light rare-earths - maybe, just maybe 75% of the Peak deposit (comprising the Cerium and Lanthanum) - will stop being a liability - I say liability because it has to be dealt with at a cost which in all likleyhood will be greater than the revenue the Cerium and Lanthanum will generate.

    How was that post Denial - did you find it more relevant.


 
watchlist Created with Sketch. Add PEK (ASX) to my watchlist
(20min delay)
Last
21.0¢
Change
0.000(0.00%)
Mkt cap ! $55.95M
Open High Low Value Volume
21.0¢ 21.0¢ 21.0¢ $19.85K 94.52K

Buyers (Bids)

No. Vol. Price($)
2 37905 20.0¢
 

Sellers (Offers)

Price($) Vol. No.
21.0¢ 6247 5
View Market Depth
Last trade - 10.13am 15/08/2024 (20 minute delay) ?
PEK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.