LYC 0.30% $6.76 lynas rare earths limited

Does LYC make HRE ?, page-5

  1. 748 Posts.
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    (1) Thanks fellow HC members for info.
    (2) Hope RE prices bottom out soon from the high drop in prices - e.g. Dy and Tb (HRE) had dropped ~85% from the 2011 highs.
    (3) LYC released news about China cracking down on illegal RE mining and processing for which I think the illegal activities have been an important cause of the price drop.
    (4) However, I also think that stopping the illegal RE mining will be quite a challenge for China so really RE prices & LYC stock price will still be low for .... don't know how long .... Reality perhaps ?
 
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