Below is a list of the most common rare earth elements and prices from 2008 until now
As you can see rare earth elements are still trending down
With Lynas and Molycorp coming on line shortly and with China increasing exports to the rest of world, I cannot see the trend changing to upside for quite some time
Therefor COP - combined with negative cash flow positions, and no profit will continue to haunt and hurt the stake holders in Lynas
With this said, sustainability of Lynas in it's current form in my opinion is a non event
Holders who are long beware
rare earth prices are still trending down
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Last
$8.02 |
Change
0.260(3.35%) |
Mkt cap ! $7.496B | |||
| Open | High | Low | Value | Volume |
| $7.75 | $8.02 | $7.75 | $43.38M | 5.448M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $7.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.02 | 500 | 1 |
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| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |