The market is apparently always right but sometimes it appears stupid to me. A very clear case is Lynas. Nearly all REE in the world comes from China with exception of Lynas. One would think there should be an immediate 10% increase in SP today for them. Then there is graphite. NVX should also be clearly in green. SYR may be not until they get their Mozambique issue sorted. Potentially all Australian sourced graphite should be looking good. IMO Australia will avoid tariffs because the US has always had a trade surplus with us. Graphite, REE and to a lesser extent Lithium should be getting a boost right now. In addition there is a high probability Trump will phase in higher tariffs on REE and graphite in order to encourageUS companies to invest fast and hard but not cause too much pain in the meantime. I think we may see announcements of for instance an immediate 25% tariff on graphite on China. Another 25% Dec 25, a further 25% mid next year and so on. This will allow US and allies to build up supply.
NVX Price at posting:
55.3¢ Sentiment: Hold Disclosure: Held
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