Something else is going on too in the rare earths market. Prices are broadly down, as China is cranking up exports. The whole market is only about US $2.5B ATM, and China produces most of it. It looks like they are discouraging competition in this market, even though they can turn on and turn off supplies like a tap. Even if the deposit being proven up by DRE was ready for development, it would take about ten years to get to production.Strategically it should be a national priority whatever C. China does with the current and future prices.They are not a safe or reliable source which they have demonstrated.
The Oz govt talks about it but does nothing. It would need the PS to get off its shiny bum for a start.They are not structured on a footing to combat assymetric warfare which is what is going on.
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Something else is going on too in the rare earths market. Prices...
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Last
1.5¢ |
Change
-0.001(3.23%) |
Mkt cap ! $56.29M |
Open | High | Low | Value | Volume |
1.5¢ | 1.6¢ | 1.5¢ | $20.11K | 1.320M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
30 | 6264945 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 2100323 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
28 | 5998912 | 0.015 |
20 | 4971353 | 0.014 |
15 | 8783503 | 0.013 |
5 | 2188981 | 0.012 |
1 | 1500000 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 1912823 | 6 |
0.017 | 7006802 | 15 |
0.018 | 3868495 | 16 |
0.019 | 3569582 | 13 |
0.020 | 1198866 | 9 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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