NTU is highly undervalued

Northern Minerals is the only ASX-listed heavy rare earth company outside China.

It is said that Dy, Nd, Pr are three primary rare earth elements which are widely used for manufacturing EV and other military equipment.

It is said 300g NdPr and 30g Dy are added to battery for each EV.

Actually Nd and Pr are not rare, they are pretty rich in earth, but Dy is really rare, so Dy is called rare earth of rare earth.

The price of Dy oxide is almost 10 times of the price of NdPr oxide. As ARU, GGG and other RE companies are going to produce NdPr oxide in around 3 years, the price of NdPr oxide will be decreasing further in the future.

But the price of Dy is always going up steadily, as we couldn't find any other company outside China producing Dysprosium.

The Chinese companies invested in North Minerals are not for profit but for Dysprosium in order to make China be predominant in global RE market.

NTU has lower debt compared with Lynas which had ever more than US$400m, even now still has US$146m. and most importantly NTU has strong financial support from Chinese companies.

NTU is over undervalued, the SP may jump to 8c, or even 9c in days.