As I see it, LYC have been planning this move for years, ARU are relatively late to the table. Also the skills necessary to process the ore to get the REE are mainly confined to China. ARU have to get theirs - and what about money? ARU have other advantages over LYC but LYC are in front in REE IMHO.
Regards
china to ban 6 rees from export, page-7
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Last
$8.09 |
Change
0.070(0.87%) |
Mkt cap ! $7.561B | |||
| Open | High | Low | Value | Volume |
| $8.15 | $8.27 | $8.08 | $35.31M | 4.353M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7192 | $8.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.10 | 4833 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |