IXR 10.0% 0.9¢ ionic rare earths limited

General Chat / Discussion, page-9776

  1. 5,324 Posts.
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    The Answer to that is China Ol 'boy is ....If you want an alternative, secure, sustainable and traceable source of heavy rare earths you have to pay a premium, that Premium includes that the Company can make a profit to stay afloat to keep supplying secure amounts of REE products at Western Labor Costs, Not at Chinese Cheap Labor Costs.

    https://hotcopper.com.au/data/attachments/6335/6335963-beb8e7a585e240f4083b76b6a63a884a.jpg



    Even Chinese Rare Earths are struggling at these prices


    https://hotcopper.com.au/data/attachments/6335/6335968-a99034b2f09af12984a5ac4696cce1fd.jpg
    https://hotcopper.com.au/data/attachments/6335/6335983-cb6d44617b2ed7ea2edb8a25e195ee0e.jpg
    https://hotcopper.com.au/data/attachments/6335/6335985-c9b3c7d7af1673fdd4ac77b2e304d156.jpg
    https://hotcopper.com.au/data/attachments/6335/6335986-263666afadd11cb7ad4ae9aee4f13f6b.jpg
    https://hotcopper.com.au/data/attachments/6336/6336010-5b21db1377d34fa05ee5ce06827ebbac.jpg
    "China Northern Rare Earth (Group) High-Tech, the top rare-earth miner by volume, barely turned a profit in the first half of the year, with a sharp profit decline of 95% to 97%"

    Who needs Chinese Prices, What a Joke!

 
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