LYC 1.36% $7.81 lynas rare earths limited

Yep and that's all supported by the article. To quote the...

  1. 1,188 Posts.
    lightbulb Created with Sketch. 835
    Yep and that's all supported by the article.
    To quote the article the statement wants "...strengthening industry self-discipline, maintaining production and operational order and strictly following the production control plan."
    In other words maintain illegals crackdown and stick to production quotas.
    The article (not the statement) talks about efforts to "... cool down the price rally of rare earth"; to me that means price stability not suppression.
    Which makes sense as NdPr is right in the economic sweet spot (range); profitable for producers and affordable for end users.
    Now to achieve stable balanced demand & production growth over time. Provided by Chinese extra capacity and a cheap Lynas expansion, as discussed on Investor Intel recently.
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.