The Yangibana REE deposit is also extremely high in neodymium. This is important as Nd is predominantly used in the production of magnets which accounts for the biggest market share of rare earth production. The deficit of Nd is forecast to grow for the next 5 years.
Have a look at the elemental distribution table for Yangibana that I posted on ARV and GTR, then compare to other presentations such as those by LYC, which sum up the market predictions better than I can.
Worth keeping in the back of your mind
rare earth prices up 412%., page-2
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Last
1.4¢ |
Change
0.001(7.69%) |
Mkt cap ! $26.83M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.3¢ | $11.34K | 823.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 336216 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 5029168 | 13 |
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| Last trade - 16.10pm 21/10/2024 (20 minute delay) ? |
| ARV (ASX) Chart |