The price of the metal, which Hsiao’s company uses to assemble speakers for Amazon and laptop maker Lenovo, has doubled since June last year to around 760,000 yuan (US$117,300) a ton this August.“The rising cost of this key magnetic material has been overwhelming, and that knocked at least 20 percentage points off our gross margin … That’s really a huge impact,” Hsiao told Nikkei Asia. “We don’t see this trend reversing anytime soon.” QUOTE
Good year ahead for ARR IMO.
https://asiatimes.com/2021/09/prices-soar-as-rare-earth-demand-grows-report/
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Last
32.5¢ |
Change
-0.010(2.99%) |
Mkt cap ! $182.6M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.0¢ | 32.5¢ | $256.9K | 772.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 16709 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 14640 | 2 |
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| Last trade - 15.57pm 19/09/2025 (20 minute delay) ? |
| ARR (ASX) Chart |