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
$6.34 |
Change
0.210(3.43%) |
Mkt cap ! $5.926B | |||
| Open | High | Low | Value | Volume |
| $6.23 | $6.37 | $6.20 | $16.32M | 2.584M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 10131 | $6.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.34 | 65301 | 3 |
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| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |