Part of the problem is it's difficult to know what LYC will/can do about the two head winds facing it; The first is that the Kalgoorlie plant requires sulphuric acid, that they are currently buying from BHP (a by product of their nickel mining process); as BHP are mothballing their WA nickel production it is unclear where LYC will get the required H2SO4 from. The second is the fact the the Kalgoorlie plant needs a LOT of fresh water, a scarce commodity in Kalgoorlie. This is causing some disquiet among some citizens of Kalgoorlie. Again, a difficult issue to resolve.
Deciphering Lynas, page-1144
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Last
$6.10 |
Change
-0.160(2.56%) |
Mkt cap ! $5.701B | |||
| Open | High | Low | Value | Volume |
| $6.14 | $6.16 | $6.02 | $31.69M | 5.119M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23252 | $6.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.10 | 23221 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |