LYC 0.50% $5.95 lynas rare earths limited

too right Brenden, that is why china will not be suppling japan...

  1. 117 Posts.
    too right Brenden, that is why china will not be suppling japan because there gov. has also put into place the amount of export quota... Bloomberg said China has about half of the world’s rare-earths reserves. The government started to curb output and exports in 2006 as prices dropped.
    Chinese exports of rare earths fell 35 percent to 34,600 metric tons in 2008 from 53,300 tons in 2006, according to Inner Mongolia Baotou Steel Rare-Earth Hi-Tech Co., which owns the largest rare-earths mine.
    supplies of dysprosium and terbium, minerals needed to make hybrid cars and televisions, may be inadequate for its needs. So these two combinations short supply and growing demand means the commodity of rare earth is strong U.S.A would love to dominate the new car race that's on at the moment...
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$5.95
Change
-0.030(0.50%)
Mkt cap ! $5.561B
Open High Low Value Volume
$5.96 $6.00 $5.93 $10.85M 1.822M

Buyers (Bids)

No. Vol. Price($)
2 19331 $5.95
 

Sellers (Offers)

Price($) Vol. No.
$5.96 32024 7
View Market Depth
Last trade - 16.10pm 27/06/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.