What if they factor production?
"During the second half of the financial year, we completed a detailed assessment of each of the rare earth market segments in order to refine our development strategy. Lynas expects rare earths demand to grow at above-GDP rates over the medium term, particularly in the key sectors of rare earth permanent magnets, automotive catalysts and fluid cracking catalysts (FCCs) for oil refineries. These three end markets are projected to account for around half of global rare earths product demand by 2015.
By the end of the decade, Lynas predicts that demand growth
in these sectors could create supply shortages in certain rare earth element markets, most likely in neodymium/praesodymium and, to a lesser extent, lanthanum.
Close consultation with customers as well as with major
OEM (original equipment manufacturer) end-users was a key
component of this analysis, and I am pleased to report we
continue to receive strong support and encouragement from
those groups with which we have established long-standing
relationships. We have now commenced supplying products
to these customers and looks forward to continued growth
in volumes."
There is quite a lot of important info in that lot from EN's AR, do punters just think they make this stuff up for fun?
- Forums
- ASX - By Stock
- LYC
- 11kt by june 30?
11kt by june 30?, page-70
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LYC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$7.75 |
Change
0.030(0.39%) |
Mkt cap ! $7.244B |
Open | High | Low | Value | Volume |
$7.71 | $7.81 | $7.63 | $12.03M | 1.561M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6556 | $7.73 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.77 | 3385 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6556 | 7.730 |
3 | 12284 | 7.710 |
1 | 9401 | 7.700 |
2 | 30653 | 7.690 |
2 | 18250 | 7.680 |
Price($) | Vol. | No. |
---|---|---|
7.770 | 3385 | 1 |
7.780 | 12284 | 3 |
7.790 | 9401 | 1 |
7.800 | 12151 | 2 |
7.810 | 9401 | 1 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
Featured News
LYC (ASX) Chart |