So it is very clear what is going to happen near to medium term. Global govts are going to have to pay a premium for the likes of ARU to invest 2 billion to establish mine to processing facilities for the ex China supply.
Otherwise there will be Syrah Resources situations (graphite for which China controls/dominates as well) in which mega investment over a decade that is yet to be profitable and very few company's in REO'S will ever progress to development - in the case of REO'S it is of extremely more global importance.
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Last
17.5¢ |
Change
-0.010(5.41%) |
Mkt cap ! $437.4M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.5¢ | 17.5¢ | $346.2K | 1.935M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 1195310 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 407681 | 7 |
View Market Depth
| Last trade - 16.10pm 02/07/2025 (20 minute delay) ? |
| ARU (ASX) Chart |