LYC 2.73% $6.40 lynas rare earths limited

Hello my friends. Please pardon me as I am abit ignorant in this...

  1. 3,499 Posts.
    lightbulb Created with Sketch. 49
    Hello my friends. Please pardon me as I am abit ignorant in this area. A lot of people are getting excited about heavy REE companies such as ALK and NTU and excited about the prospect of Lynas doing business with them. But the problem I have with regards to investing in these companies is that Malaysia is a very very sensitive about the issue of radiation. Sure these companies have high amounts of valuable heavy REE but if their radiation content is too high surely there is no chance of them been further refined in LAMP Malaysia? Or is Lynas just going to concentrate these ores at Mount Weld and sell it to others to further refine and separate? Am I missing something here? Can someone enlighten me?
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.40
Change
0.170(2.73%)
Mkt cap ! $5.982B
Open High Low Value Volume
$6.34 $6.40 $6.28 $12.65M 1.991M

Buyers (Bids)

No. Vol. Price($)
2 15037 $6.39
 

Sellers (Offers)

Price($) Vol. No.
$6.40 38814 10
View Market Depth
Last trade - 16.10pm 11/07/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.