LYC

0.00%

$6.40 lynas rare earths limited

Lynas to supply the U.S Military!, page-12

First 12 Last

Share
Profile

Follow
RVR

6,297 Posts.

2334

07/06/19

13:39

Post #: 38960731
Share

Originally posted by RVR ↑

RELATED ARTICLE
US fighter jets and missiles in China's sights as trade war weapons

Everything from Lockheed Martin 's F-35 Joint Strike Fighter jet to guided missiles and lasers used to determine targets rely on the elements to perform key functions. The country relies on China for 80 per cent of its imports, according to the US Geological Survey.

Defense contractors account for just 1 per cent of the US rare earth demand, or about 0.09 per cent of global consumption, Raymond James analysts including Pavel Molchanov, said in a note on Monday. China produced about 71 per cent of the world's output last year, according to the US Geological Survey.

Lynas' plant in Texas will have the capacity to produce at least 1,200 tons of so-called SEG oxide, a group of heavy rare earth elements, Lacaze said. The US imported $US160 million ($231 million) worth of rare-earth metals and compounds in 2018, an increase of 17 per cent from the prior year, but down from $US519 million of refined rare-earths in 2012, according to the US Geological Survey.

Each F-35 Lightning II aircraft - considered one of the world's most sophisticated, manoeuverable and stealthy fighter jets - requires approximately 920 pounds (417 kilograms) of rare-earth materials, according to a 2013 report from the US Congressional Research Service. It's the Pentagon's most expensive weapons system and the first fighter designed to serve three branches of the US military.

Rare earths including yttrium and terbium are used for laser targeting and weapons in Future Combat Systems vehicles, according to the Congressional Research Service report. Other uses are for Stryker armoured fighting vehicles, Predator drones and Tomahawk cruise missiles.
Bloomberg

Expand

Note there’s around 417kg of (currently China-sourced) REs in OUR F35 key systems, and I understand 2-3 tonnes in every Western naval combatant....

Last edited by RVR: 07/06/19

LYC Price at posting: $2.81 Sentiment: Buy Disclosure: Held
8 Upvote

2 Great analysis

Reply

Top Stories

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Bitcoin investors need to know the risks

MDI

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

IMM

Immutep reports strong response rate from immunotherapies treating carcinomas

ASX hits all time high out the gate on Friday trades following bullish US inflation data

SKS

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

NIM

Nimy to raise $1.21M to explore 'newsy' WA targets

BHP

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

AII

Almonty locks in govt agreement for tungsten oxide plant in South Korea

There are more pages in this discussion • 6 more messages in this thread...

First 12 Last

Add LYC (ASX) to my watchlist

(20min delay)
Last $6.40		Change 0.000(0.00%)		Mkt cap ! $5.982B

Open	High	Low	Value	Volume
$6.47	$6.48	$6.34	$20.28M	3.161M

Buyers (Bids)

No.	Vol.	Price($)
1	12848	$6.39

Sellers (Offers)

Price($)	Vol.	No.
$6.40	17965	2

View Market Depth

No.	Vol.	Price($)
3	3600	6.360
1	15000	6.350
2	260	6.340
3	4563	6.330
4	8665	6.310

Price($)	Vol.	No.
6.400	10000	1
6.410	24000	1
6.420	203	1
6.450	3291	2
6.480	2100	2

Last trade - 16.10pm 12/07/2024 (20 minute delay)

LYC (ASX) Chart

Lynas to supply the U.S Military!, page-12

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Bitcoin investors need to know the risks

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

Immutep reports strong response rate from immunotherapies treating carcinomas

ASX hits all time high out the gate on Friday trades following bullish US inflation data

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

Nimy to raise $1.21M to explore 'newsy' WA targets

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

Almonty locks in govt agreement for tungsten oxide plant in South Korea

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Lynas to supply the U.S Military!, page-12

Top Stories

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Bitcoin investors need to know the risks

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

Immutep reports strong response rate from immunotherapies treating carcinomas

ASX hits all time high out the gate on Friday trades following bullish US inflation data

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

Nimy to raise $1.21M to explore 'newsy' WA targets

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

Almonty locks in govt agreement for tungsten oxide plant in South Korea

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News