From this morning's Australian newspaper (Business Review):‘Virtually unnoticed’: Tesla’s plan to cut rare earths from EVs to have minimal impact on demand
Tesla’s plan to remove rare earths (REEs) from future electric vehicle motors sent a shockwave through listed stocks, but the impact on future rare earths demand has been “overblown”, experts say.
The warning comes after ASX stock Lynas (ASX:LYC) took a belting on the Tesla news.
News: LYC UPDATE 2-Australia's Lynas Rare Earths gets $134 mln funding from Japan to boost output, page-5
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Last
$10.13 |
Change
0.140(1.40%) |
Mkt cap ! $9.476B | |||
| Open | High | Low | Value | Volume |
| $10.00 | $10.23 | $9.98 | $41.86M | 4.137M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1290 | $10.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.13 | 1000 | 1 |
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| Last trade - 16.19pm 21/07/2025 (20 minute delay) ? |
| LYC (ASX) Chart |