LYC 0.64% $7.90 lynas rare earths limited

q & a tonight 9.30pm aest , page-3

  1. 1,023 Posts.
    lightbulb Created with Sketch. 301
    'Forget about incentives just ask him why they have created an additional impost in the Carbon Tax.

    There was very little attraction in downstream processing in Australia previously but the CT is the final nail in the coffin.'

    If I understand this carbon tax correctly that is exactly what it is all about. There is no incentive to change (from carbon polluting ways)if there is no tax. The tax is the driver for change - to use such things as rare earths from Lynas to build wind gens or other devices for a cleaner environment. The CT becomes the circuit breaker to persuade the polluters to make the change. And with the introduction of new technologies presumably comes new employment opportunities.

    cheers

    redgum
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$7.90
Change
0.050(0.64%)
Mkt cap ! $7.384B
Open High Low Value Volume
$7.99 $7.99 $7.76 $28.26M 3.589M

Buyers (Bids)

No. Vol. Price($)
1 14205 $7.83
 

Sellers (Offers)

Price($) Vol. No.
$7.91 44842 2
View Market Depth
Last trade - 16.10pm 06/11/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.