NTU northern minerals limited

Magnet market growth is exploding, even Australian highly...

  1. 3,237 Posts.
    Magnet market growth is exploding, even Australian highly respect rare earth expert Professor Dudley Kingsnorth has underestimated the growth of the permanent magnet sector:-

    2011 Breakdown of rare earth market demand:-   Magnets 20%

    2011.PNG

    https://dspace.library.colostate.ed...4/77777/Hart_mines_0052N_10109.pdf?sequence=1

    In 2012 Kingsnorth estimates out to 2016:-  Magnet share estimated at 22% out to 2016:

    2016 E.PNG


    In 2016 demand by market:-  now at a staggering 27%
    27%.PNG
    http://www.stocknessmonster.com/news-item?S=ALK&E=ASX&N=763435


    and what's driving this explosive growth in Magnet demand is Electric Vehicle Sales:-

    electric vehicles.PNG

    at the end of 2011 world wide electric vehicle sales was around 100,000

    4 short years later in 2015 Electric Vehicle sales are exceeding 1,200,000

    that's a staggering 1,100% growth in electric vehicle sales world wide in only 4 short years

    that is what is driving spectacular growth in permanent magnets demand

    in the next few years we will see this exceptional growth trend continue  -  which will spearhead demand for more Dysprosium and see NTU develop it's full scale plant

    In the interim we will have to be content with a significant positive re-rating which is now underway and will be solidified when $9 is deposited at the end of this month

    Sentiment: Strong Buy
    Last edited by longtermlegs: 16/10/16
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
3.8¢
Change
0.000(0.00%)
Mkt cap ! $317.5M
Open High Low Value Volume
3.8¢ 4.0¢ 3.8¢ $145.7K 3.760M

Buyers (Bids)

No. Vol. Price($)
20 2208539 3.8¢
 

Sellers (Offers)

Price($) Vol. No.
3.9¢ 2705136 4
View Market Depth
Last trade - 16.10pm 19/09/2025 (20 minute delay) ?
NTU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.