AUD +2.7c USD & +2c EUR since Monday, not great for Lynas FX but certainly positive materials demand.
CAAM: China’s car sales rose 11.7%YoY in May
Source:SMM
SHANGHAI, June 3 (SMM) – Sales of automobile in China rose 11.7% to 2.14 million units in May from a year earlier, according to the flash estimate by the China Association of Automobile Manufacturers (CAAM) released Tuesday.
Still down 23% YTD but big impove over 31% first four months.
China NdPr production going gangbusters March/April:
http://www.asianmetal.com/news/data/1561772/1
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