Just an opinionated answer to the thread title /question.
On top of global market instability ,the Malaysia fiasco and Tesla’s announcement. You will see the actual price of rare earths has been dropping lately which is at odds on the increased can’t keep up supply line we are being told but it has steadily been headed south for a while now.
Why Lyas is dropping and will continue to drop., page-41
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Last
$8.88 |
Change
-0.320(3.48%) |
Mkt cap ! $8.306B | |||
| Open | High | Low | Value | Volume |
| $9.44 | $9.44 | $8.86 | $61.13M | 6.800M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 225 | $8.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.91 | 24100 | 1 |
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| Last trade - 16.11pm 27/06/2025 (20 minute delay) ? |
| LYC (ASX) Chart |