Covid has been a real wake up call to all nations and Australia especially, we have the resources the world needs and we need to process the metals/irons etc etc here and ship the higher priced processed products to the world. This is happening on many fronts and LYC is no different, MIN,WES,HAS,FMG to name a few more all working on obtaining extra value and cash flows for shareholders.
Cut the middle man out ie China etc and sell them the higher processed materials to manufacture the finished goods.
News: LYC UPDATE 1-Malaysia says Lynas' license could be revoked if it fails to comply with curbs, page-28
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Last
$7.76 |
Change
0.060(0.78%) |
Mkt cap ! $7.253B | |||
| Open | High | Low | Value | Volume |
| $7.72 | $7.90 | $7.70 | $22.34M | 2.868M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4481 | $7.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.78 | 14225 | 2 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |