From this morning's Australian newspaper (Business Review):‘Virtually unnoticed’: Tesla’s plan to cut rare earths from EVs to have minimal impact on demand
Tesla’s plan to remove rare earths (REEs) from future electric vehicle motors sent a shockwave through listed stocks, but the impact on future rare earths demand has been “overblown”, experts say.
The warning comes after ASX stock Lynas (ASX:LYC) took a belting on the Tesla news.
News: LYC UPDATE 2-Australia's Lynas Rare Earths gets $134 mln funding from Japan to boost output, page-5
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Last
$10.14 |
Change
0.020(0.20%) |
Mkt cap ! $9.485B | |||
| Open | High | Low | Value | Volume |
| $10.14 | $10.25 | $10.02 | $65.63M | 6.468M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 700 | $10.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.15 | 500 | 1 |
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| Last trade - 16.14pm 23/07/2025 (20 minute delay) ? |
| LYC (ASX) Chart |