It wont matter too much, a $50k EV has a $50 magnet, so for price certainty, and supply security, and ESG compliant magnet, the west will pay $125 for the magnet.
They describe this as price elasticity. Much of it in the rare earth space - what a great industry for LYC to be in right now.
It wont matter too much, a $50k EV has a $50 magnet, so for...
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Last
$5.90 |
Change
-0.120(1.99%) |
Mkt cap ! $5.547B | |||
| Open | High | Low | Value | Volume |
| $5.80 | $5.96 | $5.76 | $11.65M | 1.982M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 5912 | $5.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.91 | 19629 | 34 |
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| LYC (ASX) Chart |