LYC lynas rare earths limited

Bill to subsidise US magnets

  1. 1,288 Posts.
    lightbulb Created with Sketch. 946
    To quote:
    "The bipartisan bill creates a $20 per kilogram production tax credit for magnets that are manufactured in the United States, or $30 per kilogram for magnets that are both manufactured in the United States and for which all component rare earth material is produced and recycled or reclaimed wholly within the United States. To be eligible, the rare earth magnets may not include any component rare earth magnet material produced in non-allied foreign nations such as China, Iran, North Korea, and Russia."

    https://swalwell.house.gov/media-center/press-releases/swalwell-and-reschenthaler-introduce-bill-incentivize-american-made-rare

    Of course it isn't passed yet.

    Last edited by EddieB: 11/08/21
 
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
$12.62
Change
0.000(0.00%)
Mkt cap ! $11.80B
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
5 5099 $15.14
 

Sellers (Offers)

Price($) Vol. No.
$11.60 2500 1
View Market Depth
Last trade - 09.58am 11/08/2025 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.