LYC 1.30% $6.25 lynas rare earths limited

News: LYC Rising demand for responsible rare earths is not lifting prices, says Lynas, page-18

  1. 2,523 Posts.
    lightbulb Created with Sketch. 1686
    Simple economics will disagree with you there.

    Supply deficit is 70% on the western front, your looking backwards.

    Further add in the idea that OEMs don’t want their cars stuck on USA docks with a Chinese magnet.

    Add in tariffs, mandates, and subsidies to see the deficit on the western supply front.

    You are thinking like an investor from pre 2020 - times have changed, and this is all as recent as within the last month.
    Last edited by Birchcorp: 21/06/24
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.25
Change
0.080(1.30%)
Mkt cap ! $5.841B
Open High Low Value Volume
$6.25 $6.26 $6.17 $15.83M 2.513M

Buyers (Bids)

No. Vol. Price($)
4 18985 $6.22
 

Sellers (Offers)

Price($) Vol. No.
$6.25 53073 5
View Market Depth
Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.