Just did several searches on this. Could not find anything. Not saying it is not true I just cannot be confirmed yet. If I could confirm I would be buying. If anyone else can confirm let us all know. Short term this is very good news for Lynas. Long term is unclear. It may kick off another round of designing out REO from products. Last time china did this prices exploded then dropped like a rock, it took many years for demand to recover.
News: LYC China cutting rare earth output, unnerving global manufacturers, page-5
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Last
$5.83 |
Change
-0.080(1.35%) |
Mkt cap ! $5.449B | |||
| Open | High | Low | Value | Volume |
| $5.89 | $6.04 | $5.83 | $18.89M | 3.204M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 17984 | $5.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.87 | 3952 | 2 |
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| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |