Reported 3 days ago that Proterial (formerly Hitachi Metals) has developed an iron boron magnet motor that performs similar to a neodymium based motor but without the reliance on China for rare earth. Report can be found on Nikkie news service. Sounds like not a perfect substitute and my understanding is that neodymium advantage is strength versus weight. Also the next catalyst imo may be robots which would definitely need a high strength to weigh ratio magnet and a lot if everyone in the world is to have a robot with AI enabled movement. Anyone have a view on this. Maybe it will come up with Amanda at next call Monday in Sydney.
Reported 3 days ago that Proterial (formerly Hitachi Metals) has...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$8.88 |
Change
-0.320(3.48%) |
Mkt cap ! $8.306B | |||
| Open | High | Low | Value | Volume |
| $9.44 | $9.44 | $8.86 | $61.13M | 6.800M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 225 | $8.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.91 | 24100 | 1 |
View Market Depth
| Last trade - 16.11pm 27/06/2025 (20 minute delay) ? |
| LYC (ASX) Chart |