LYC 0.78% $7.76 lynas rare earths limited

basket price falling

  1. 115 Posts.
    Not too long ago the basket price was around $230. It is now $184. That's a 20% drop, 13.5% compared to last week. At this rate it might go to $160 next week.

    Why is this happening and is it a worry? I know that demand is growing and all that but why would the price drop so far recently?

    And $@*!.. where are the announcements regarding the Malaysian permit progress? They have handed in all applications, they could have at least told us that much. Surely they could also get a comment as to how long the review will take.
 
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