I don't have a lot of sympathy for European and American metal and magnet companies who kept buying from China because they were the cheapest source of REs. Their supply chains will now reap what they have sowed.
If they had diversified their supplier base earlier then they would be in a better position to ramp up supply from Lynas. Now these manufacturers will scramble against everyone else to find alternate sources at whatever price the market will offer.
Lynas' fortunes are about to rise as a price maker rather than a price taker vs China.
I don't have a lot of sympathy for European and American metal...
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Last
$9.28 |
Change
0.280(3.11%) |
Mkt cap ! $8.680B | |||
| Open | High | Low | Value | Volume |
| $9.17 | $9.37 | $9.02 | $35.23M | 3.807M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 29560 | $9.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.30 | 457 | 1 |
View Market Depth
| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| LYC (ASX) Chart |