skyfall

Much to our surprise we watched RE prices skyfall for years now from levels that where going crazy in 2011. The following comparison of three RE metals with gold and silver shows how crazy the bubble has been.

Due to the recent price developments it is still mere speculation if Lynas will be able to operate profitable or not. This will show no sooner than in November when the results for the first quarter with Phase 1 capacities will be published.

What we can and should do here on HC is to watch the rare earth prices closely in order to determine the point when prices have found a bottom which is most obviously still not the case.

The prices of the following core products are most important for Lynas:

La carbonate (oxide)
Ce carbonate (oxide)
Ce / La carbonate
Nd / Pr oxide

Lanthanum
price decline still drastic. La FOB oxide prices down to 6000-7000 $/mt

Cerium
price decline still drastic. Ce FOB oxide prices down to 6000-7000 $/mt

Ce/La Mischmetal
??????? quality, percentages, mix, prices ???????

Nd/Pr oxide
ongoing price decline, FOB prices down to roughly 60000 $/mt

source: http://www.metal-pages.com

If someone is registered at metal-pages or can give further insights on the Ce/La mischmetal situation, information is very welcome.

I will post the Metal-Pages headlines frequently that are a good indicator and reflect the general rare earth sentiment.


27 May 2013
» Brazil lawmakers to vote on mining sector governance in June
» INTERVIEW: Heavy Rare Earths central to Brazil project
24 May 2013
» WEEKLY ROUNDUP - US steel rebounds but bulk alloys sag as tungsten remain firm
» Rare earth weekly roundup – prices for heavy rare earths fall on dull demand
» Lanthanum oxide sales improved on increased overseas demand
» Cautious sentiment in terbium oxide market on sluggish demand
» China’s rare earth exports improve on lower prices and overseas buyers restocking
» China's Rising Nonferrous Metals to produce NdFeB magnets with Japanese companies
» Gadolinium prices soften again, some enquiries reported
23 May 2013
» Some buyers looking to restock Pr/Nd oxide, take advantage of low prices
» Cerium carbonate export offers down slightly on plentiful supply, weak demand
» High purity lanthanum oxide prices fall on lack of demand at home and overseas
» Praseodymium oxide supply tighter on reduced output
» European praseodymium oxide prices rise on growing supply crunch
» INSIGHT: Chinese rare earths export surge questioned by Western trade sources
» Dysprosium oxide prices soften further on weak demand
» INSIGHT: UK brokers reportedly buying significant amounts of heavy rare earths for investors
» US rare earths demand improving – industry sources
» European cerium oxide prices remain steady as summer seasonal slowdown looms
» Large price disparity between yttrium oxide and metal blamed on illiquidity

regards BFM