From TheBull.com.au this morning:
BUY – Lynas Rare Earths (LYC)LYC is the only major rare earths supplier outside of China. LYC has a high grade mine with at least a 30-year life. Long term, we’re excited about the company’s potential. It’s making good progress on its plans to double production of neodymium, a key ingredient for producing the magnets used in electric motors and generators. Demand for neodymium is expected to grow and support the price of rare earths.
From TheBull.com.au this morning:BUY – Lynas Rare Earths...
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Last
$5.93 |
Change
-0.020(0.34%) |
Mkt cap ! $5.542B | |||
| Open | High | Low | Value | Volume |
| $6.04 | $6.04 | $5.93 | $23.75M | 3.975M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 128544 | $5.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.95 | 12481 | 2 |
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| LYC (ASX) Chart |