Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-65

First 65 Last

Share
Profile

Follow
sustainable

357 Posts.

43

27/04/23

15:04

Post #: 67483121
Share

Originally posted by Antipater_100: ↑

there are many industries that require rare earths and those are here to stay and grow over time. no doubt. but it was the demand from EVs that drove prices so high as this was new demand that was expected to grow rapidly as EV space is not matured.

If Tesla nailed it (big IF) then all will follow. The economics will drive the change. Tesla claimed savings of around $5k - from what I read few weeks ago. No EV maker will allow to have high production costs and be driven out of business. They all will make their own designs that do away with REs.

One may think $5k is not much but $5k is around 7% of the total price of many EVs. As designs and manufacturing processes improve $5k will be over 10% for many EV models. Now imagine if your competitor can sell their cars at 10% discount while commanding same margins as you. But for you to keep those margins you must hold your price 10% higher. On models that perform about same. You are basically being driven out of business.

again, if Tesla really nailed it. but you could be right and they only use funny tactics to negotiate better prices and their rare-earths-free design is a pipe dream.

Expand

Elon Musk doesn't have scruples when it comes to manipulating markets. Alternatives to batteries using rare earths in cars may exist but even if they don't he's reduced confidence and lowered the price he has to pay for them.

ASM Price at posting: $1.07 Sentiment: Hold Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

PH2

Hydrogen – The new trends: Plug Power, Pure Hydrogen, thyssenkrupp

TKM

Trek Metals brings in another drill rig to dive deeper at Christmas Creek

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

AII

Escalation in the Middle East – Why the US military needs Almonty Industries

ASX Market Open: Oz trade to be rather flat with bearish Fed at odds with US rally | June 25

First 65 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 55.0¢		Change 0.020(3.77%)		Mkt cap ! $96.11M

Open	High	Low	Value	Volume
53.0¢	55.0¢	53.0¢	$3.878K	7.296K

Buyers (Bids)

No.	Vol.	Price($)
4	4138	53.0¢

Sellers (Offers)

Price($)	Vol.	No.
55.0¢	3320	2

View Market Depth

No.	Vol.	Price($)
4	4138	0.530
4	9365	0.525
6	83921	0.520
2	9115	0.515
2	14115	0.510

Price($)	Vol.	No.
0.550	3320	2
0.555	7803	2
0.560	37340	2
0.580	11561	1
0.585	2163	1

Last trade - 10.04am 25/06/2025 (20 minute delay)

ASM (ASX) Chart

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-65

Hydrogen – The new trends: Plug Power, Pure Hydrogen, thyssenkrupp

Trek Metals brings in another drill rig to dive deeper at Christmas Creek

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

Escalation in the Middle East – Why the US military needs Almonty Industries

ASX Market Open: Oz trade to be rather flat with bearish Fed at odds with US rally | June 25

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-65

Top Stories

Hydrogen – The new trends: Plug Power, Pure Hydrogen, thyssenkrupp

Trek Metals brings in another drill rig to dive deeper at Christmas Creek

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

Escalation in the Middle East – Why the US military needs Almonty Industries

ASX Market Open: Oz trade to be rather flat with bearish Fed at odds with US rally | June 25

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News