LYC 0.86% $6.43 lynas rare earths limited

Lets see how this unfold...Probability of increasing rare earth...

  1. 230 Posts.
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    Lets see how this unfold...

    Probability of increasing rare earth element prices:

    2012 - None (No action seen from China)

    2013 - None (No action seen from China)

    2014+ - Yes (Finally action taken from China due to Massive losses for Chinese REMs companies and environmental degradation concern, Increasing environmental regulation compliance would drive Chinese REMs companies operating expenses, Chinese rare earth industry consolidation would result in fewer but big players, Chinese government are stockpiling rare earth reserves for strategic needs, Demand from REMs in China is increasing - may become net importer in next 2-5 years.)Praseodymium price is already up compared to last December, SEG elements are stable since last December.
 
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Last
$6.43
Change
0.055(0.86%)
Mkt cap ! $6.005B
Open High Low Value Volume
$6.45 $6.49 $6.40 $7.435M 1.157M

Buyers (Bids)

No. Vol. Price($)
5 2403 $6.42
 

Sellers (Offers)

Price($) Vol. No.
$6.43 19803 46
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Last trade - 15.08pm 09/07/2024 (20 minute delay) ?
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