Difference between quoted spot prices and Lynas realised is volume & contract based, and contracts generally written to trailing 90 day prices.
As I understand it a 17% VAT applies to all Sino REO sales but 16% is refunded when the material is used domestically.
You raise an interesting Q, on how the Dragon would treat RE imported from Lynas re VAT.
QR benchmarks, page-7
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Last
$6.92 |
Change
-0.020(0.29%) |
Mkt cap ! $6.468B | |||
| Open | High | Low | Value | Volume |
| $6.95 | $6.97 | $6.87 | $16.72M | 2.418M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5820 | $6.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.93 | 15020 | 3 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |