"THE Chinese stranglehold on rare earths continues -- news that will not be welcome in Washington, where there has been great concern about this near-monopoly on these strategic metals. When Arafura Resources (ARU) first started talking about rare earths at its Nolans project in the Northern Territory, the plan was to position itself as an alternative to the Chinese for European and US buyers. Now Chinese money has spoken, and ARU last week succumbed to the blandishments of Inner Mongolia Bao Tou Steel Rare Earth Hi-Tech Co."
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From Dictionary.com:
blandishment
noun
1. flattery intended to persuade
2. the act of urging by means of teasing or flattery
ROFL.
http://www.theaustralian.news.com.au/business/story/0,28124,24694757-18261,00.html
australian - aru gets a mention
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Last
19.0¢ |
Change
-0.005(2.56%) |
Mkt cap ! $438.9M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.0¢ | 19.0¢ | $781.2K | 4.029M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 66 | 2710652 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 821355 | 12 |
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| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
19.0¢ |
Change
-0.005 ( 2.56 %) |
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| Open | High | Low | Volume | ||
| 19.5¢ | 19.8¢ | 19.0¢ | 2105517 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
| ARU (ASX) Chart |