LYC 2.98% $6.19 lynas rare earths limited

Rare earth prices look to be increasing again:...

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    Rare earth prices look to be increasing again:
    http://en.ruidow.com/news_x.php?id=881&pid=5&k=1

    In terms of the praseodymium and neodymium, the current mainstream transaction price of praseodymium oxide is around 450,000-460,000 yuan / ton, neodymium oxide of 355,000-375,000 yuan / ton, with a growth in prices of 5,000 yuan / ton from last week. The average price of praseodymium increased from 365,000 yuan / ton to 373,000 yuan / ton, up by an average of 8,000 yuan / ton. The average price of metal praseodymium was 560,000-575,000 yuan / ton, up 2,500 yuan / ton from the previous week. The price of metal tantalum remained at between 458,000-478,000 yuan / ton.

    It doesn't directly quite NdPr (the combined product that i believe LYC sells). Any ideas if the quoted prices can be used as a proxy for NdPr prices? like averaging praseodymium and neodymium or something?
    Last edited by bgbuc1: 14/04/18
 
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