LYC lynas rare earths limited

if re price drop further? , page-3

  1. 8,918 Posts.
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    Jason.
    'The prices that dropped in the past few months were Ce & La.
    The price decline in other RE were miniscue in % terms.'


    Not sure where you get your data from, but from Metal Pages the following are the price drops for all the REE quoted Oct - current.

    IMO - these are substantial price drops across the board.

    The economics for LYC have changed substantially in the last 6 months. And LYC wants to trade on long term contacts, which generally means lower prices - IMO.
    ------------------------------------------

    http://www.metal-pages.com/metals/yttrium/metal-prices-news-information/
    Down 50%

    http://www.metal-pages.com/metals/terbium/metal-prices-news-information/
    Down 30%

    http://www.metal-pages.com/metals/samarium/metal-prices-news-information/
    Down 50%

    http://www.metal-pages.com/metals/praseodymium/metal-prices-news-information/
    Down 30%

    http://www.metal-pages.com/metals/neodymium/metal-prices-news-information/
    Down 20%

    http://www.metal-pages.com/metals/lanthanum/metal-prices-news-information/
    Down 50%

    http://www.metal-pages.com/metals/gadolinium/metal-prices-news-information/
    Metal down about 15%, Oxide down 50%

    http://www.metal-pages.com/metals/europium/metal-prices-news-information/
    Down 40%

    http://www.metal-pages.com/metals/dysprosium/metal-prices-news-information/
    Down 30%

    http://www.metal-pages.com/metals/cerium/metal-prices-news-information/
    Down 50%
 
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