LYC 0.65% $7.77 lynas rare earths limited

The weight of Nd in Nd2O3 is 85%, so a kg of Nd procedued from...

  1. 898 Posts.
    lightbulb Created with Sketch. 90
    The weight of Nd in Nd2O3 is 85%, so a kg of Nd procedued from Nd oxide which cost RMB280/kg would cost at least RMB330/kg of oxide. Plus other agent, electricity to electrolytic and factory, that would leave small margin or none when sell at RMB380/kg.
    Please correct me as I dont understand how chinese business make money from this thin margin.



 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.