LYC 0.77% $6.56 lynas rare earths limited

News: LYC UPDATE 1-US on track to establish domestic rare earths supply chain for defence, official..., page-27

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    Let me say in advance that I am clueless if this technology will ever be commercialized. At least once a month i read an article about taking REE out of perm magnets. If prices get high enough it will happen. I think this is part of the reason China is keeping prices low. It is why I keep my investment term short. New manufacturing technology to replace rare earths in magnets - AI Online - (ai-online.com)

    JUST FYI the formular for a perm magnet today is Nd2Fe14B using Atomic weights theses are the weight of each element

    Nd 2 X144 =288
    Fe 14 x 56 = 784
    B = 11
    total =1073
    Nd% 288 / 1073 x 100 = 27%
    27% is important about Perm magnets it mazes me how many people see weight of magnet then go on to assume it is all Nd. I may forget the number but if I know how to calculate it, I will never not have it Same is true for all financial information.

    Here is periodic table if you need it. periodic table of elements - Search Images (bing.com)
 
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