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.
NdPr Chinese pricing, page-3
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Last
15.5¢ |
Change
0.005(3.33%) |
Mkt cap ! $365.2M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 15.0¢ | $70.17K | 467.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 79 | 2323539 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 527614 | 20 |
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| Last trade - 10.22am 10/09/2024 (20 minute delay) ? |
| ARU (ASX) Chart |