I do not believe that Lynas has caused the REE price collapse
Lynas is struggling to average more 6KT a year of NdPr. Less than 10% of market.
prices are dropping because China wants it to lock in their advantage Lynas production history.
News: LYC UPDATE 1-US on track to establish domestic rare earths supply chain for defence, official..., page-15
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Last
$6.22 |
Change
0.070(1.14%) |
Mkt cap ! $5.813B | |||
| Open | High | Low | Value | Volume |
| $6.21 | $6.22 | $6.07 | $13.54M | 2.193M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12000 | $6.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.22 | 12273 | 2 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |