Demand destruction for the HREEs as well Pennie. The LREEs are definitely in oversupply basically due to Bao, Lynas, Moly and a host of small scale producers all over the world.
The production of HREEs also necessarily involves LREE production even in Southern China. Unless of course you can find some REE ore that only contains HREEs ?
While in theory your simple cyclical analysis is more or less correct. Imo this will only lead to a return to historical normal prices all else being equal. Unfortunately this will take some time to occur and due to demand destruction so the pressure in st to mt will be to the down side.
It is likely that with changes in technology that the demand destruction may even be permanent.
- Forums
- ASX - By Stock
- LYC
- Doom or Dawn ?
Doom or Dawn ?, page-18
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LYC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$7.41 |
Change
-0.260(3.39%) |
Mkt cap ! $6.926B |
Open | High | Low | Value | Volume |
$7.59 | $7.65 | $7.35 | $14.69M | 1.974M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50820 | $7.40 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.42 | 34591 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50820 | 7.400 |
1 | 6000 | 7.380 |
6 | 20260 | 7.350 |
1 | 405 | 7.340 |
4 | 17889 | 7.330 |
Price($) | Vol. | No. |
---|---|---|
7.420 | 10911 | 1 |
7.430 | 10911 | 1 |
7.440 | 10911 | 1 |
7.480 | 364 | 1 |
7.490 | 4000 | 1 |
Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
Featured News
LYC (ASX) Chart |
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online