The quota has doubled in 6 short years - what has pricing done in those 6 years? up substantially although a recent pull back - reasons??????
Increase for their domestic market - magnets primarily for EV'S domestically and new Russian supply given they can no longer source western EV'S.
Exports dropped - why - because the west are sourcing elsewhere - ARU will be as we know beneficiary of that elsewhere - as Hyundai/Kia early movers have indentified and acted - more very soon to be announced.
Having said that - unsure why leaving FID to late in March even though positive commentary by old mate - ceo.
General Discussion, page-567
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Last
16.5¢ |
Change
0.005(3.13%) |
Mkt cap ! $395.8M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 15.8¢ | $496.5K | 3.086M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 942705 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 1299285 | 24 |
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| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| ARU (ASX) Chart |