LYC 4.14% $7.04 lynas rare earths limited

china plagued by ndfe overcapacity , page-2

  1. 1,155 Posts.
    it really is a joke.

    nick curtis created LYC because he saw the strangle hold china had on supplies.
    what he did not forsee was the lacklustre demand. and the fact that the high prices were all of china's doing. china can pull the floor out of ree pricing if required at any time.

    simple business wisdom. never throw money at huge pioneering projects.
    the pioneer usually has arrows sticking out from its back.

    sorry to say, lyc is a joke.
 
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